Rockingham County
Meals Tax Round Two! |
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The Rockingham County Board of Supervisors introduced the Meals Tax back onto its agenda last night. After much public dismay last year, the board has decided to give it a second chance. The Daily News Record reports "If certified by the judge and approved by voters in November, county officials say the meals tax will raise an estimated $600,000 needed for operations at Cub Run Elementary, River Bend Elementary and East Rockingham High schools". What does this mean for real estate? The county argues that this tax will help to alleviate its reliance on revenues from real estate taxes. The meals tax will create income from visitors to our area including those vacationing at Massauntten and parents visiting their children at one of three local colleges. "There were a lot of people who didn't understand the meals tax the last time around," said Board Chairman Fred Eberly. "This is a way to avoid increases in property and real estate taxes and have people from out of town pay for it instead." - Daily News Record It is yet to be seen if the meals tax will indeed relieve the county's reliance on local property owners, but anything to reduce the cost of owning a home in our area is a good thing. What do you think? | |
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