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Board hears public concerns as staff proposes 1¢ real-estate tax-rate cut to $0.89
Summary
County staff introduced a proposal to lower the real estate tax rate by one cent to $0.89 per $100 of assessed value; residents said assessment increases will still raise many taxpayers' bills and urged deeper relief.
Chesterfield County staff told the Board of Supervisors the proposed tax-rate table for tax year 2025 would reduce the real estate rate by one cent, to $0.89 per $100 of assessed value, and that three smaller rates would "float down" with that change; members of the public urged further tax relief.
"The only significant change to that table on an ongoing basis is [the] real estate…
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