Albemarle Facing Revenue Shortfall

The county is trying to figure out what to do in the face of declining revenues, Brandon Shulletta wrote in the Progress a few days ago, so they’re surveying citizens about whether we’re willing to pay more taxes for services. Though the numbers aren’t in yet, Albemarle anticipates a steep drop in income, what with declining property values, so either services have to be cut or taxes have to be raised. The state is facing the same shortfalls, which may well result in a cut of funding to localities, as happened in 2002. Ultimately, it’s up to the BoS to make the call on what to do, but survey results will help them figure out what the public wants.

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