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Northampton adopts equalized real estate tax rate of 67 cents
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Northampton adopts equalized real estate tax rate of 67 cents
The Northampton County Board of Supervisors voted Tuesday night to adopt a new equalized real estate tax rate of 67 cents per $100 of assessed value, a figure required under Virginia law following the county’s latest reassessment process. County Finance Director John Chandler explained the equalized rate is designed to keep overall tax revenues relatively level after reassessments while allowing ...
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