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Board adopts budget option that raises real-estate rate by 0.5¢, preserves public-safety hires
Summary
The Isle of Wight Board of Supervisors adopted a budget option that reduces the proposed real-estate tax increase, funds several public-safety hires and funds a clerk-of-court position, while keeping the machinery-and-tools tax unchanged.
Isle of Wight supervisors voted to adopt a budget option that trims the originally proposed real-estate tax increase and preserves several public-safety positions while keeping the machinery-and-tools (M&T) tax rate unchanged.
County staff presented updated revenue estimates during the meeting, including a higher sales-tax projection, an $84,000 upward revision to real-estate tax revenue and a small upward revision to machinery-and-tools receipts. Staff also reported a state-funded partial position for the clerk of court that would require the…
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