CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – The Albemarle Board of Supervisors is about to get its first look at the FY2027 operating budget when the county administrator, Jeff Richardson, presents his recommended budget in a public meeting on Wednesday. The proverbial elephant in the room is the rising assessments in property values, as the average increase was 6.17%. across the jurisdiction.
Therefore, if the advertised tax rate remains flat at 89.5 cents per $100 dollars of assessed value, the majority of Albemarle residents will be paying higher taxes. Members of the board have publicly acknowledged the increasing tax burden while also expressing concerns that they needed the revenue to support the needs of the county, particularly in the areas of compensating first responders and the school division.
“Albemarle County tax payers were crushed in several ways last year by the increase in taxes but they all understood the need for the public safety hiring, they did understand it, it was hard for them but they did understand it, so that’s what we have to do is make those hard choices as we go along,” White Hall District Supervisor Ann Mallek told the WINA Morning News…