Rockingham County approves lower real estate tax rate

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HARRISONBURG, Va. (WHSV) – Supervisors in Rockingham County met Wednesday night to solid a vote they hope will assist county residents maintain some extra cash of their wallets.

The Rockingham Board of Supervisors voted 4-1 in favor of adopting a lowered tax fee from $0.74 per $100 of assessed worth to $0.68 to be able to assist battle the issues of inflation.

In public remark, among the suggestions prompt that the county ought to look slightly tougher on the finances and maintain off on some tasks at the very least for one more 12 months so the county may afford to decrease the speed much more. Supervisor Rick Chandler mentioned the proposed finances was one which took extra time than any others he can bear in mind.

“I believe as we now have been over it and over it and over it that we now have executed our due diligence at trying into this,” mentioned Chandler.

Chandler mentioned a part of the rationale why this finances was difficult is due to prices rising at a a lot greater fee than seen prior to now.

The decreased fee would go into impact for the brand new fiscal 12 months which begins July 1.

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