n LOUDOUN
4 | n PUBLIC SAFETY
7 | n EDUCATION
10 | n PUBLIC NOTICES
26
HOME IMPROVEMENT & REAL ESTATE
VOL. 9, NO. 19
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MARCH 21, 2024
Supervisors Bet on State Funding to Lower Real Tax Rate BY HANNA PAMPALONI hpampaloni@loudounnow.com
Although the Board of Supervisors made few substantial cuts to County Administrator Tim Hemstreet’s proposed $5.2 billion fiscal year 2025 budget during a series of markup sessions, it voted to lower the real estate tax rate by one cent, to 86.5 cents per $100 of assessed value, during a meeting March 14. The change was made possible by a decision to assume that Loudoun County Public Schools would receive an additional $19 million in state funding as the budget maneuvering continues in Richmond. The board also voted to maintain the $4.15 personal property tax rate, forgoing
Hemstreet’s suggestion to lower it to $4.10 in calendar year 2025. The School Board had requested a $131 million increase in local tax funding for its $1.8 billion budget. That was $10 million more than Hemstreet allocated in his budget. In anticipation of a $19 million school funding boost from the state, supervisors reduced its proposed $121 million local tax revenue allocation to the school system by $9 million leaving the school budget fully funded. Vice Chair Juli E. Briskman (D-Algonkian) said it was important to note that if the additional school funding is stripped from the state budget, the county board would figure out a solution to make up the difference.
“We have ways to figure it out, and I’m confident that we have discussed that with staff,” she said. Hemstreet’s proposed budget recommended reducing the personal property tax rate to $4.10, but the motion made by supervisors during the meeting will hold the tax rate at $4.15 for fiscal year 2025, generating an additional $5.6 million. The tax is applied to vehicles—the “car tax”— as well as to business equipment, such as data centers. The $9 million savings and the $5.6 million revenue increase, along with a series of spending reductions made by supervisors, allowed the board to reduce the real estate tax rate by a full penny, valued at $14.8 million.
Supervisor Matthew F. Letourneau (R-Dulles) said he was willing to “trade” keeping the personal property tax rate steady for lowering the real property tax rate by a full penny. Briskman said there is a possibility the board could lower the car tax rate later. “We have some time to do that in the fall. We’re not going to do that right now, but we will have some time to discuss that in the fall,” she said. During the budget public hearings, residents expressed concerns about affordable housing in the county and requested supervisors double the proposed COUNTY BUDGET continues on page 37
Ag Census: Small Farms on the Rise While Acreage Falls Across Virginia BY HANNA PAMPALONI
hpampaloni@loudounnow.com
A drive down Rt. 15 toward Middleburg or along Snickersville Turnpike on the way to Bluemont serves as a reminder that a majority of Loudoun used to be dairy and cattle farms. The most recent agricultural census shows that while Virginia as a whole continues to see a decline in farms and farming acreage, Loudoun has seen an increase in small farms over the past five years. From 2017, when the last census was conducted, through the 2022 when the just relreased census was conducted, the number of small farms in Loudoun, ranging from 10 to 49 acres, grew by 20%—
increasing from 668 farms to 806— even though the county’s overall farm acreage decreased by 10% during that same period. Loudoun Farm Bureau President Tia Earman said the growth could be attributed to three things—the proximity of rural Loudoun to an affluent population willing to prioritize locally grown products, high quality soil, and the county’s proximity to a job base allowing one member of the family to hold a more traditional “9 to 5” job while another member manages the farm. “Loudoun is in a super unique place SMALL FARMS continues on page 39
Hanna Pampaloni/Loudoun Now
Pamela Jones and Sarah Obuchowicz stand in one of their greenhouses at their Middleburg area farm. Both have young children they are raising while managing their business, which often means doing chores with the kids nearby.
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