March 12, 2014
Some local schools could be getting a boost thanks to the recent reassessment, but that could mean a higher tax bill for landowners.
The Augusta County Board of Supervisors decided to hold property taxes at their current rates.
At 58 cents per $100, those rates are low by Virginia standards.
But thanks to the reassessment, it all translates to a tax bill increase of about 22 percent.
The new revenue will go towards schools, and fire and police services.
School Superintendent Gary Mcquain Says that money would make renovations at local high schools much easier.
"What will end up happening if the money is not available for the two renovations, that will mean that we'll have to phase them in, and that will take a longer period of time with more disruption to the instructional program," said McQuain.
The board will hold a public hearing on the matter April 20.