The residents of Stafford County are bracing themselves for a historic tax increase, with a staggering 40% jump in real estate tax bills compared to the previous year. The proposed rate, set by the Board of Supervisors, includes a 3-cent levy to fund fire and rescue services, making it 20 cents higher than the proposed tax rate in neighboring Prince William County, the second largest jurisdiction in Virginia.
If approved, this increase would be the largest in Stafford County's history. Falmouth District Supervisor Meg Bohmke expressed concern over the proposed 32-cent increase, calling it "ludicrous" and stating that the county's wishlist needs to be trimmed down.
The substantial increase in taxes is intended to accommodate a $42.2 million increase in general government spending, with a focus on funding fire and rescue services, the sheriff's office, and paying off school system debt. However, the massive spending plan does not include the additional $340 million wishlist from the county's public schools, which includes the construction of new schools and facilities.
The advertised combined tax rate of $1.175 per $100 of a home's value is higher than the rate anticipated for 2028, according to the county's five-year plan. County budget director Andrea Light has stated that each penny added to the Real Estate Tax rate equates to $2.2 million.
Aquia District Supervisor Monica Gary believes that the higher tax rate is a necessary investment for the county, especially when it comes to funding government projects that have been neglected for years. On the other hand, Supervisor Crystal Vanuch argues that projects like new schools should be tied to a bond referendum to ensure accountability.
While homeowners will bear the brunt of the tax increase, with renters likely experiencing increased costs in the future, county leaders argue that the additional funds are needed to address rising living costs, inflation, and insurance premiums, as well as to provide raises for county employees and improve transportation infrastructure.
The Board of County Supervisors has decided to advertise the higher tax rate in order to gather public input. A hearing will be held on Tuesday, April 4, 2023, at the Stafford County Government Center, where residents can voice their opinions on the proposed tax increase.
It remains to be seen how Stafford County residents will respond to this historic tax increase. The decision lies in the hands of the supervisors, who must carefully consider the impact on their constituents' lives and the long-term development of the county.
Schedule of Advertised Tax Rates:
- $1.175 per $100 of a home's value