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“But at 74 cents, I believe we’re asking (the taxpayers) to pay the
maximum.” District 3 Supervisor Robert Cosby, Powhatan Today,
April 5, 2006, p.1, Article “County sets budget at $63.5 million”
The “effective (tax) rate increase” was over 21 percent last year at
74 cents per $100 of assessed real estate value when a revenue
neutral rate (no tax increase) would have been 61 cents per $100 of
assessed value on real estate. Powhatan Today, March 8, 2006, p. 5B.
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