Council Rejected Tax Rate Equalization
Last week, Lynchburg City Council rejected a motion by Councilman Jeff Helgeson that I was proud to support. The motion was simple: to set the Real Estate Property Tax Rate at no more than the Equalized Rate of $1.03 per $100 of assessed value. Anything more would be a tax increase. You can watch the discussion on the vote HERE.
Why tackle this issue so early on in the budget process? It is simple. The budget should reflect the prioritization of the taxpayer from the get-go.
Well, the majority on Council voted it down, 5-2.
Folks, now is not the time for a tax increase in Lynchburg, and the current majority on Council just indicated they are comfortable moving into a budget process that dramatically increases your taxes. I was elected to represent your interests to the government, not the other way around.
If you agree with the hundreds of our neighbors who have already voiced opposition to a tax increase thus far, please mark your calendar for the public hearing on the Real Estate Tax Rate.
Come out and share your opposition to Council increasing your taxes.
March 30th, 2021 - 7:00pm
Lynchburg City Hall
900 Church Street
Lynchburg, VA 24504
I'll see you then.
Chris Faraldi, M.A.
Ward IV Representative
Lynchburg City Council