No meals tax could mean higher property taxes

  • warning: Invalid argument supplied for foreach() in /var/www/vhosts/ip-97-74-85-40.ip.secureserver.net/villagenewsonline/sites/all/modules/views/includes/query.inc on line 933.
  • warning: Invalid argument supplied for foreach() in /var/www/vhosts/ip-97-74-85-40.ip.secureserver.net/villagenewsonline/sites/all/modules/views/includes/query.inc on line 908.
  • warning: Invalid argument supplied for foreach() in /var/www/vhosts/ip-97-74-85-40.ip.secureserver.net/villagenewsonline/sites/all/modules/views/includes/query.inc on line 933.
  • user warning: You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near 'FROM twitter twitter LIMIT 0, 5' at line 2 query: SELECT FROM twitter twitter LIMIT 0, 5 in /var/www/vhosts/ip-97-74-85-40.ip.secureserver.net/villagenewsonline/sites/all/modules/views/includes/view.inc on line 810.

If the meals tax doesn’t pass on November 5, there could be some repercussions on voters. Chesterfield’s proposed 2 percent meals tax would generate about $8 million a year. Those funds would be used to offset the “interest” on the bonds if the referenda is passed.

If the tax is not approved by the voters, it may lead to an increase in property taxes. The increase would have to be in the 2 cents per $100 of the real estate’s value. That would generate about the same amount of funds that the meals tax would raise.

The property tax was lowered from $.97 to $.95 in 2008 and hasn’t gone up or down since.

Chesterfield County Board of Supervisors Chair, Dorothy Jaeckle, in an article in the Richmond Times-Dispatch said the property tax or any other program to generate funds would be left up to the Board.

Comments

Post new comment

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
By submitting this form, you accept the Mollom privacy policy.