Supervisor Meyer proposes tax cut
Meyer’s proposal would take the real property tax rate recently proposed by County Administrator Tim Hemstreet from $1.135 per $100 in assessed value to $1.125.
The Broad Run supervisor insists his proposal would still fully fund county schools and also fund some of the proposed $2.5 billion budget for fiscal 2018’s critical needs.
“Our revenues dramatically increased because of our commercial growth,” Meyer said in a statement “In order to provide tax relief to seniors on fixed incomes, incentivize more businesses to invest in Loudoun, and create a sustainable budget for years to come -- we need to pass the budget at this tax rate.”
At a tax rate of $1.135, a Loudoun resident with a property assessed at $400,000 would pay a $4,540 tax bill. At a rate of $1.125, the resident would pay $40 less.
Chairwoman Phyllis Randall (D-At Large) didn't seem on board with Meyer's proposal. She told the Times-Mirror she cannot imagine why people would not want the Board of Supervisors to fully fund the proposed budget and its list of critical needs for such a slight difference in the proposed rate versus Meyer’s.
“I think that everyone on the board is going to vote their conscience, and I hope Mr. Meyer is voting his conscience,” Randall said.
Meyer's plan increases spending year over year on education, public safety and mental health while “not adding expenditures” the county cannot maintain in the future.
Under his full plan, the average Loudoun County residential property tax bill would be lower than fiscal 2017 levels and save $67 compared to this year’s advertised rate of $1.14. The average commercial property savings would be $406.
The Broad Run supervisor’s plan also includes funding for some of the county's listed critical needs, including a $600,000 increase for Developmental Services Employment and Day Support Contract Expansion.
Randall noted supervisors have only held one work session on the proposed budget and still had “a long way to go and a lot of things to come before us for us to make any decision on what a final rate should be at all right now.”
The final vote on the budget is set to take place on April 4.
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