Tag: tax increase
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City leaders mull 8-cent property tax increase to pay for new school’s opening, other services
The City Council is considering a proposed increase in the real estate tax next year, which would be the largest single increase in recent years and would take that tax rate to $1.04 for every $100 of assessed value on property.
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Council approves 4-cent property tax increase for new high school; Mayor says MRRJ expansion is ‘off the table’
The Harrisonburg City Council on Tuesday approved a four-cent increase on the real estate tax rate, which will help restart construction of the new high school — all part of the final version of the city’s nearly $295 million Fiscal Year 2022 budget. Also in Tuesday’s meeting, Mayor Deanna Reed announced why a proposed expansion of Middle River Regional Jail is a no-go.
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