Friday, February 17, 2012

Board of Supervisors to Vote on Tax Rate on Tuesday

The Board of County Supervisors takes the first step on Tuesday, February 21 on setting the FY 2013 tax rate.

That vote will set a tax rate that can be lowered in the final budget, but it cannot be raised.

That is precisely why homeowners have to speak out loudly now to eliminate the proposed 4% raise in property taxes (that the County Executive says is a "flatline" budget when adjusted for inflation).

If the tax rate is approved for FY 2013, it sets the stage for additional tax increases over the five year period from today to FY 2016.

The average real estate tax bill on families in Prince William County will increase from $3,188 in 2012, to $3,731 in 2016 -- totaling the 18.5% increase during that period.

That will fund a 5.5% increase in County spending over FY 2011.

All of this is based on the very rosey economic predictions by the County Executive, but the underlying methodology is deeply flawed.

Prince William County families have to have time to dig out of the deep hole they have been thrown into by the government.

Spread the word -- and sign the petition to tell the Board of Supervisors to stop the tax increase.



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