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Last updateWed, 27 Dec 2017 12am

Colonial Beach fire chief saves MD family from house fire

Colonial Beach fire chief saves MD family from house fire

Colonial Beach Volunteer Fire Chief David Robey was on his way to Hughsville, MD when he spotted the...

Downtown property owners invited to facade improvement meeting

The Colonial Beach Revitalization Management Team has identified roughly 25 properties that are elig...

Donkey Basketball

Donkey Basketball

Donkey Basketball is here to stay. On March 26 at Colonial Beach High School, basketball fans from a...

School reduces funding request from Town

The Colonial Beach School Board has approved a $6.8 million 2015-16 school year budget proposal. The...

Robin Grove Park will not be sold

Colonial Beach Town Council members Mike Looney and Wanda Goforth are opposing plans to sell Robin G...

Minnesota students “pay it forward” in Colonial Beach

Minnesota students “pay it forward” in Colonial Beach

A busload of students from the University of Minnesota came to Colonial Beach last week to “pay it f...

 

 

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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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