14 April 2015
In 2014 Fluvanna County’s real estate tax rate climbed to second-highest in the area. This dubious fact has caused no small amount of consternation among Fluvanna residents who decry having a tax rate second only to Charlottesville’s.
But the tax rate is only one piece of the puzzle. The other piece is property values. After all, real estate tax is calculated by multiplying the tax rate by the value of a piece of property. So how does a Fluvanna resident’s overall real estate tax burden compare to those of people in surrounding counties?
Fluvanna, eight surrounding counties, and the City of Charlottesville are all finishing up budget season. Local governments are adopting budgets for fiscal year 2016 plus corresponding tax rates. Those tax rates become effective for calendar year 2015, said Fluvanna County Finance Director Eric Dahl. So the latest year for which concrete figures are available is calendar year 2014.
The 2014 real estate tax rates per $100 valuation in the surrounding areas were:
• Charlottesville: 95 cents
• Fluvanna: 88 cents
• Orange: 80.4 cents
• Albemarle: 79.9 cents
• Cumberland: 74 cents
• Greene: 72 cents
• Nelson: 72 cents
• Louisa: 68 cents
• Goochland: 53 cents
• Buckingham: 50 cents
Many Fluvanna residents worry that these statistics damage growth by placing Fluvanna County in an unfavorable light when compared to its neighbors.
Of course there are many reasons why Fluvannians choose to live in this county, such as family history, natural beauty, and location. Another reason is affordability. A house in Fluvanna goes for a fraction of what it would cost in Albemarle, for example.