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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 reassessment resulted in an increase of one percent or greater in the total property tax levied. ....
Correspondent The Fluvanna Board of Supervisors signaled its support for a new medical cannabis production facility at their regular meeting on Wednesday (Dec. 2), approving a letter of support for YAE Wellness by a vote of 4-0-1, with Supervisor Tony O’Brien absent for the evening. YAE (pronounced ‘yay’) is hoping to purchase 15 acres of county-owned property behind the Fluvanna Community Center and the Fork Union Volunteer Fire Department in Fork Union for the construction of a 100,000 square foot facility. In their letter of intent, YAE committed to prioritizing local and regional construction companies, as well as a primarily local workforce when the facility is complete. Total capital investment in the project would be between $15-20 million. ....