Tag: property tax increase
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Council increases property tax to help pay new high school’s staff, but some residents feel stung by their rising bill
Edward Garrison bought his home in Harrisonburg in 1997 for $180,000, and like many city residents, watched the property value steadily increase over the next two decades. By 2021, his home’s value increased by about $108,000 since the day he bought it, he said. Then, with home prices sharply spiking amid high demand, it took just two more years for the house’s value to jump by another $108,000.
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First draft of next year’s budget calls for city worker raises and 3 cent real estate tax increase
The city council on Tuesday began discussing Harrisonburg’s 2023-24 budget, which includes a proposed real estate tax increase for a third consecutive year to help cover the cost of Rocktown High School.
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