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LOCATION :: TAX RATE PER $100 OF REAL ESTATE VALUE Albemarle County 74¢ Amherst County 52¢ Augusta County 48¢ Buckingham County 44¢ City of Charlottesville 95¢ Culpeper County 65¢ Fluvanna County 50¢ Greene County 69¢ Louisa County 62¢ Nelson County 55¢ Orange County 47¢ Rockingham County 60¢ Stafford County 84¢
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On March 17, the Albemarle County Board of Supervisors voted to advertise a real estate tax rate of 74.2 cents per $100 of assessed value, the same rate as last year. Advertising a tax rate means that, while the supervisors may decide on a lower rate before the budget is finalized, a higher one is extremely unlikely. Maintaining the same tax rate would give most county residents a tax break, considering a decline in home assessments.
Recently, many county residents expressed disapproval at the Supervisors’ decision to keep the same rate. A March public hearing on the county budget, for instance, brought multiple calls to increase the rate to direct more funding to Albemarle schools.
And while cuts to Albemarle County Public Schools now seem far less drastic, there’s sure to be some more thought on whether 74.2 cents is an appropriate price to pay. Have a look at the tax rates of surrounding counties to see how Albemarle stacks up.