Fri07252014

Last updateWed, 19 Nov 2014 8pm

   2014 39.95 HSD w VIDor PH-Banner2-500-x-125

Potomac Renaissance condos are movin’ on up

Potomac Renaissance condos are movin’ on up

The long planned second phase of the Potomac Renaissance Condominiums in Colonial Beach began buildi...

Council not responsible for delays

In an interview with Tracey Tunstall, Director of Federal Programs and current Interim Superintenden...

Street closings for this weekend's Jet Ski Races

To facilitate the Fifth Annual International Jet Ski Races July 18-20, Taylor Street from Wilder Ave...

Carpenter’s legacy will live on in building named after him

Carpenter’s legacy will live on in building named after him

On June 12, Commissioners, staff and guests gathered to unveil the new sign naming the Potomac River...

CB Museum celebrates 15 years

CB Museum celebrates 15 years

CB Museum Curator Mitzi Saffos and Mayor Mike Ham both shake hands with Art Buswell while honoring h...

Chief Legg on Police Dispatch, “The move didn’t make it new!”

Colonial Beach Police Chief Elizabeth, “Libby” Legg is taking a second look at police dispatch throu...

 

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Beach real estate tax rate reduced

Colonial Beach property owners will not see an increase in real estate taxes this year.  Ordinance #592 was passed by a unanimous vote of town council on Nov. 11 at a special meeting that began at 7 p.m. and adjourned at 7:04 p.m. with one public comment. All town council members were in attendance with the exception of Sparky Ridgely who was out of town.  According to council member Steve Kennedy “The reason for doing this is to keep the tax at the same level as last year.” 


The ordinance provides for a $.02 cent decrease on the current $.60 per $100 assessed value tax rate, and brings the tax rate down to $.58 per $100 and is retroactive to July 2010.  By passing Ordinance #592 and reducing the real estate tax rate, the town of Colonial Beach avoids a defacto increase in real estate tax revenues due to higher property assessments arising from a 2009 reassessment of real property in Westmoreland County.  Taxing the higher assessed values of real property would have resulted in an approximate 2 percent increase in tax revenue to the town, which is above the legal threshold a locality can collect without holding a public hearing, according to VA Code Section 58.1-3321. 
The town was made aware of the increase in assessed values that were potentially over the 1 percent legal threshold in late March 2010.  Newly elected council member Gary Seeber advised the council at its August, September and October meetings that a tax rate reduction was in order to comply with state law. Before a locality can increase any tax or levy upon citizens, the governing body is required to hold a public hearing and provide for citizen comment. 

Kathy Flanagan

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