Funkhouser Real Estate Group
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Monday, April 2, 2012
Rockingham County proposed budget

Some observations without knowing much about the budget:
  • Income from property taxes would make up 23% of County revenue in the coming year, up from 21% of revenue in the current budget cycle.
  • The overall size of the County budget is proposed to decline -- from $310M to $298M.
  • The real estate tax rate is proposed to increase by 7%, from $0.60 to $0.64 per $100 of assessed value.  More details here.