The Mathews County Board of Supervisors will hold a public hearing at 6 o’clock tonight on the proposed $31,009,157 budget and tax rates for fiscal year 2023-2024. The meeting will be held in the historic courthouse on Court Street.
The proposed real estate and mobile home tax rate for the coming year is $0.56 per $100 of assessed value, reduced from the current rate of $0.64 per $100 of assessed value.
Other proposed tax rates remain unchanged, including personal property at $3.70 per $100 of assessed value, boats at $1.45 per $100 of assessed value, and other personal property, machinery and tools, at $2.14 per $100 of assessed value.
Although the board had previously discussed setting an equalized real estate tax rate of $0.45 per $100 of assessed value based on the recent assessment, successful appeals of home values made to the assessment company have changed the equalization rate, said Mathews County Administrator Ramona Wilson.
Wilson said there have been 435 appeal...
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