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Loudoun board approves $1.8 billion budget


Fulfilling a promise they say they campaigned on – lowering the county's property taxes – members of the Loudoun County Board of Supervisors finalized Wednesday a $1.8 billion fiscal 2014 budget that lowers the average homeowner's tax bill.

Working down from a tax rate of $1.235 per $100 in assessed real property value in the current fiscal year, a majority of the all-Republican board agreed to a rate of $1.205 for the upcoming budget year that begins in July. That figure equates to a roughly 2.4 percent average reduction in property taxes, or approximately $70.

While the $1.205 mark represents a tax cut for the average homeowner, residents in certain regions of the county may still see a bump in their taxes since assessments in many areas have drastically spiked.

The budget still leaves a more than $15 million shortfall for Loudoun County Public Schools, an amount officials say they need to keep and recruit top-tier teachers and maintain strong schools with a growing student population. LCPS, which adopted an $860 million budget in January, is expected to welcome 2,500 new students next school year and open two new high schools.

Altogether, the county will allocate nearly $842 million to LCPS.

County employees will receive a 2 percent merit-based pay increase in the upcoming fiscal year, something that will cost the county approximately $4 million.

Additional highlights of the 2014 budget include a nearly $500,000 allocation increase to the Virginia Regional Transit system, which saw its federal funding slashed on account of a new regional classification; directing more than $425,000 to the county's parks and recreation department for athletic field enhancements; and funding a $63,000 position to work on rural business strategy.


-Trevor Baratko

Comments

I understand they passed next years budget but did they figure out yet if the Deputies are going to still get paid this year yet?


Absolutely right, more cowbell.  A whole lot of people are going to see their County tax bills going up, up, up, because residential assessments are up, up, up.  Sooooooooooo, what do you call a 9-0 republican board who does not keep a promise?  You pick the label.


Promises to who? The rate went down, but my assessment went up almost $100K, so my taxes went up. And all govt/politicians wonders why people don’t trust them…...


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