Hampton Roads / Local / Norfolk / Politics

Norfolk heading for a 4-cent increase in real estate tax rate

Norfolk mermaidAccording to The Virginian-Pilot’s Jill Nolan, Norfolk Mayor Paul Fraim has the five votes necessary for an 4-cent increase in the real estate tax rate. I guess we can’t complain – Hampton is looking at as much as a 23-cent increase.

I’m not completely sold on the need for the additional two cents, although I recognize that the current budget does little for the neighborhoods. I’ll be at the public hearing on this next Monday (6pm, Granby HS) to hear what my fellow Norfolk residents have to say on the matter.

 

One thought on “Norfolk heading for a 4-cent increase in real estate tax rate

  1. Farmville, a small, regional agriculture and banking center, has a real estate property tax of $.06. Longwood University is in Farmville. They also have a hefty meals tax.

    Last week, the Town Manager announced a proposed $.27 cigarette tax increase. No real explanation. The reason given was this way they would not need to raise property tax rates.

    I just don’t know anymore.

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