Over the next two weeks, members of the Albemarle Board of Supervisors will hear from members of the public at a series of town halls on the proposed budget for FY2027. In late February, County Executive Jeffrey Richardson introduced a $724 million revenue and spending plan that included no new tax rate increases but one built on a rise in assessments.
That changed at the end of a budget work session on March 18 in which four Supervisors voted on a motion to advertise an increase in the personal property tax rate in order to provide dedicated funding for the county’s affordable housing fund.
That decision came at the end of the fourth time this year that the Board of Supervisors had the opportunity to spend time going through the county executive’s recommended budget for the fiscal year in order to ask questions, provide feedback, and make suggestions…