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Amherst County’s proposed fiscal year 2023 budget of $52.2 million includes no tax increases, a 20% personal property tax reduction for vehicles and motorcycles and a 6.5% raise for county
Correspondent The Board of Supervisors met on Wednesday night (April 14) for public hearings on the FY21 budget and the tax rates. PUBLIC HEARINGS “This year was a pretty amazing year for reassessments,” said management analyst Liz McIver. Real estate assessments rose 6.87 percent. The real estate tax rate in the adopted FY21 budget was $0.925 per $100 in assessed value. For FY22, the proposed rate was $0.92 and supervisors have advertised a rate of $0.884. McIver calculated the equalized tax rate at $0.865. Under state law, the county was required to hold a public hearing because the rea...