Proposed Rockingham County budget (2012-2013 fiscal year) and proposed 2012 tax rates ($0.64 for real estate)


Proposed Rockingham County budget (2012-2013 fiscal year) and proposed 2012 tax rates ($0.64 for real estate)
By Scott Rogers • April 2, 2012
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. Receive Updates by Email Recent Articles: OK, False Alarm, Most Homes Are Still Selling Very Quickly How Quickly Are Homes Selling These Days? Middleburg at Stone Spring, To Include Up To 500 Apartments, Proposed Adjacent To The Reserve At Stoneport A Rough Two Years For Rising Mortgage Interest Rates Home Buying Activity Will Slow But Not Stop Over The Winter Demand Is Likely To Keep On Rising For Contractors And Home Renovators Update On City Of Harrisonburg Townhouse Market Trying To Buy A Home... A Story Of Being All In, Then Bowing Out, And Now Being Ready To Jump In Again Sometimes Upgrade Your Home (Selling And Buying) Results In An Even Larger Upgrade In Your Monthly Payment Despite Fewer And Fewer Home Sales, There Are Plenty Of Reasons Why Buyers Will Still Buy And Sellers Will Still Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Dec 11, 2023 (unless otherwise noted).
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