CHARLOTTESVILLE, VA (CVILLE RIGHT NOW) – The $724 million balanced operating budget proposed to the Albemarle County Board of Supervisors does not call for a change in the tax rate for the next fiscal year, County Executive Jeff Richardson told the board during a presentation Wednesday.
Richardson said, a year after raising the county tax rate by 4-cents, he did not want to do that again, “even though our obligations continue to mount.”
During his 44-slide presentation, Richardson explained where money the county takes in actually goes. He said 52 cents of every dollar the county takes in goes to fund education, 14 cents goes for public safety, 11 for community development, 10 for government operations, 8 for health and welfare funds, 3 for city revenue sharing payments and 2 for parks and recreation…