Officials Vote on Two Cent Real Estate Tax Increase - WSET.com - ABC13

Officials Vote on Two Cent Real Estate Tax Increase

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Bedford County, VA - A hot topic for folks who live in Bedford County, a proposed 3 cent real estate tax increase.

Monday night county supervisors voted on that proposal.

In a narrow decision, they voted 4 to 3 in favor of a 2 cent increase, raising the tax from 50 cents to 52 cents per 100 dollars of assessed value.

To do the math for you -- on a 200-thousand dollar house, that's 40 dollars more a year.

The supervisors say this money would be spent on capital improvements like opening a new cell at the county landfill, paying for fire trucks and police cars, and the new school the county is required to build under last year's reversion agreement.

Of course, lots of mixed feelings about the move.

Dina Linkenhoker says, "I applaud and commend tonight's action by the board. It is a step in the right direction. What we need to do at this point is we need to be sure that those funds in our incoming revenues at this point are earmarked for public education"

John Briscoe says "I don't know how you can justify a tax increase when faced with a balanced budget. It doesn't make any sense to me at all. What they are doing is taking the opportunity to grow government, which the rest of us have to pay for."

Another concern raised is the idea that if Bedford's taxes are raised now, they will be raised again later on.

Supervisors tonight however, stress that is not the case.

The chairman, John Sharp says "We are not in the history of raising taxes in Bedford County. I'm sure as heck not going to go there now, but we have some needs that we can't get away from."

The 2 cent real estate tax increase will go into effect for fiscal year 2015 ... starting July 1st

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