The Montgomery County Board of Supervisors feels your pain. The members thereof recognize the fact that the housing crisis has dampened the market and, in many cases, made homes worth considerably less than they were worth just a year ago.
But tough cookies. They need money:
Supervisors OK 71-cent property tax rateNot everyone in Montgomery has lost sight of his priorities, however. There's this response from a local homeowner:
Lindsay Key, The Roanoke Times
Chirstiansburg -- Montgomery County property owners can expect to pay 71 cents for every $100 of assessed property next year.
The board of supervisors voted 4-3 Monday night to raise the real estate tax rate by 8 cents and postponed approving the budget until April 28.
Even though a formal public hearing on both topics was March 27, supervisors still heard from concerned residents during Monday's public address period. (link)
"'It's the worst time for it [a tax rate increase],' said Shawsville resident Steve Fijalkowski, citing rising gas prices and the slump in the housing market."
His plea fell on deaf ears.
Home values are going down. Taxes on those same homes are going up. Your government working for you.