WOODBRIDGE, Va. -- Residents tonight will have their say on how and government and schools should be funded in the coming budget year in Prince William County.
The Board of County Supervisors at 7 p.m. will hold a public hearing inviting feedback on the fiscal year 2015 budget to take effect July 1. The $975.9 million budget would be funded by an advertised tax rate of $1.158 per every $100 of assessed value of homes in the county. Expected to be approved later this month, the budget will fund local government expenditures, parks, transportation efforts, and community services, just to name a few.
At that tax rate, the average residential tax bill for county homeowners would be $3,599, an increase of 5.4% over the previous year. The total automatic annual budget transfer from the local government to the county’s public school division would increase by $8.9 million to a total of $489.5 million.
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