Chesterfield County Administrator Dr. Joe Casey rolled out his Fiscal Year 2019 budget today (3/12), featuring a tax cut along with increases for public safety, schools, parks and libraries and capital spending.
Chesterfield residents have seen their home assessments go up for five years straight and County Administrator Joe Casey says it’s time to balance that. “If the economy is doing well, and the revenues are stronger, I think it’s time to say thank you to the people of Chesterfield County and that thank you is a one-percent penny reduction of our tax rate.”
Even with the tax cut, the $711 million dollar General Fund budget is 3.3 percent higher, because he says business is booming and homeowners no longer have to carry as much of the tax burden. “Older adults are staying here and young people are moving here and starting their careers here and we are not necessarily just the bedroom community of yesteryear.”
The budget proposal officially goes to the Supervisors Wednesday March 14th, with public meetings, a public hearing, and a vote set for April 11th.