STAFFORD, Va. -- The idea of collecting $1.4 million next year to manage storm water ponds didn’t sit well with Stafford County leaders, so they proposed to collect half as much and sort out the details later.
The Stafford County Board of Supervisors set an advertised tax rate of $1.019 for every $100 of assessed property value. Those property taxes on homes largely fund Stafford’s $261.4 million budget for fiscal year 2015 that takes effect July 1.
There would be no change, however, in local schools as the division would still receive $139.4 million transferred to it as part of the budget, to cover operating and debt service costs. The rate is .007 cents higher than the original rate presented by County Administrator Anthony Romanello in his proposed budget to the Board of Supervisors in March.
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