Albemarle OKs $334.7 million budget

4/10/08 * Daily Progress [full story]

Silence.

It’s a rarity at an Albemarle County Board of Supervisors meeting, but with supervisors at a more than three-hour impasse over the county’s fiscal 2009 real-estate tax rate Wednesday, it seemed all points and rebuttals had been made.

The meeting started at 2 p.m. and a rate of 71 cents per $100 assessed value was adopted around 6:30 p.m. — after a break for sandwiches — but the tax agreement wasn’t reached without some compromise and creativity. The rate was ultimately approved 4-2, with Supervisors Lindsay G. Dorrier Jr. and Kenneth C. Boyd opposing.

At 71 cents, the typical owner of a home valued at $300,000 will pay $74 more than at the current tax rate of 68 cents per $100 assessed value, according to a county budget analyst.