hazel20160120metrocast2016062Q16 VIP DVR 500x125

Crepe Myrtle fails to make Colonial Beach's landscaping list

Pity the poor crepe myrtle.  

When Robert Busick, a member of the Colonial Beach Planning Comm...

Recent weather yields stunning sights

Recent weather yields stunning sights

The recent, hot humid weather has produced a series of breathtaking sunrises over the Potomac River,...

Traveling Colonial Beach photographer captures vibrant digital images

Traveling Colonial Beach photographer captures vibrant digital images

Rob Rudick, a talented international photographer from Colonial Beach, travels the country and the w...

Wildlife Center educates and entertains children at Colonial Beach library

Wildlife Center educates and entertains children at Colonial Beach library

Wilson, a box turtle; Quinn, a great horned owl; and Delphine, a blind opossum were the star attract...

Ellie Caruthers is Colonial Beach treasure

Ellie Caruthers is Colonial Beach treasure

Ellie Caruthers has been greeting people at Doc's Motor Court in Colonial Beach since 1951. Doc's is...

Benefit scheduled for Colonial Beach's Vickie Coffman

Benefit scheduled for Colonial Beach's Vickie Coffman

Friends and customers of Vickie Coffman, who owns High Tides Restaurant in Colonial Beach with her

...

 

 20160323cctower

 

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

fox insurance bd 8 3 16 color revised

 

 

 

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