FRANKLIN CO., Va. – Franklin County residents face dual tax increases as county leaders work to address funding shortfalls for schools and county services.
Leaders are proposing a three-cent increase per $100 in real estate taxes, which could generate approximately $3 million in revenue. Additionally, they plan to standardize the meals tax at 6% across the county, potentially bringing in another $750,000.
“We’re highly dependent on the residents and the real estate property taxes and the meals tax to fund the increase in county needs,” said Dan Quinn, Franklin County Board of Supervisors member…