Friday, April 26, 2024
56.8 F
Kilmarnock

Northumberland supervisors to commence 2021-22 budget talks with a $43 million draft

Jackie Nunnery

by Jackie Nunnery

HEATHSVILLE—During a budget work session Thursday, April 22, county administrator Luttrell Tadlock presented Northumberland supervisors a $43 million draft budget for the 2021-22 fiscal cycle.

Projected revenues total $35,539,012, up $770,151 or 2.2% over last year.

According to Tadlock, “The draft budget does include a proposed $0.61 per $100 real estate tax rate, which is a proposed $0.02 tax increase. That does equal the reassessment equalized tax rate from last year, which was $0.6184.”

Anticipated revenue from general property taxes total $20,678,654, including real estate taxes, $16,818,615; public service corporation taxes, $315,650; personal property taxes, $2,546,364; machinery and tools taxes, $234,000; merchants capital taxes, $44,000; and all other local tax receipts, $720,025.

Other revenue would include….

There's more to this story...
Are you a subscriber? 

 Log in

Many more news articles, photos and ads are available only to those
who
subscribe to our printed newspaper or our online e-Edition.

Pick up a copy or Subscribe today!

Rappahannock Record Staff
Rappahannock Record Staffhttp://www.rrecord.com
From the Rappahannock Record news team

Follow us on Social Media

Your Local Weather

Kilmarnock
clear sky
56.8 ° F
60.7 °
53.7 °
57 %
1.9mph
0 %
Fri
58 °
Sat
57 °
Sun
79 °
Mon
83 °
Tue
84 °