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Most tax bills will go up – Fluvanna Review

Correspondent
The Board of Supervisors unanimously approved a $110 million county budget for FY22 during their regular meeting on Wednesday night (April 14).
The real estate tax rate was set at $0.884 per $100, with an equalized rate of $0.865. While lower than the FY21 tax rate of $0.952, most homes have increased in value in the most recent assessment, so the average homeowner will see an increase of 2.19 percent in their annual tax bill.
The 110,600,979 budget includes a major investment of $25 million in capital improvement projects covering building projects and equipment and infrastructure repairs and replacement.
“I think we’ve been as good on this one as we’ve ever been,” said Chair Mike Sheridan (Columbia). ....

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Supervisors eye $25 million capital improvement package – Fluvanna Review

By Heather Michon
Correspondent
With planning for Fiscal Year 2022 (FY22) now in its final weeks, the Board of Supervisors is preparing to vote on a $25 million capital improvement package, including $16.5 million for a new administration building and over $3 million in new fire and rescue vehicles.
Capital Improvement Plans, or CIPs, are expenditures focused on building, upgrading repairing, or replacing equipment and infrastructure, generally over a four-year period.
In recent years, supervisors have taken a fairly conservative approach to CIP funding, balancing the need to keep the county’s debt levels manageable against the pressures of maintaining aging buildings and infrastructure. ....

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