Press "Enter" to skip to content

Hearing Monday on Mathews budget

The Mathews County Board of Supervisors will hold a public hearing on the FY 2019-2020 advertised budget and tax rates beginning at 7 p.m. Monday in the multi-purpose room at Thomas Hunter Middle School.

The proposed budget of $26.57 million is $2.3 million more than last year’s originally proposed budget, and it calls for a real estate tax increase of 7 cents per $100 of assessed value over the current rate, for a total proposed real estate tax rate of 64.5 cents per $100 of assessed value.

Included in the proposed budget is a $1.4 million increase in the county’s contribution to the school budget, for a total proposed county contribution to the schools of $8.55 million. The school budget anticipates $6.02 million in state funding and $520,000 from the federal government. The total school budget, including debt service of $500,000 and a one-time carryover of $208,000, is expected to be $15.79 million, up $1.74 million from last year.

Following Monday’s meeting, th...

To view the rest of this article, you must log in. If you do not have an account with us, please subscribe here.