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Posted at 8:15 AM ET, 04/28/2010

Prince William Co. adopts budget

By Washington Post editors

Prince William County supervisors on Tuesday formally approved the county's $844 million general fund budget for fiscal 2011 that included a modest tax rate increase, as well as enough money to keep all of the county's libraries open, the Washington Examiner reports.

At the adopted property tax rate of $1.236, the average homeowner will see a $74, or 2.5 percent, increase on his tax bill from this year. The average commercial tax bill will decrease by about 16 percent.

The rate, up from $1.212, does not include a fire and rescue district levy, which the board set at $0.0761 per $100 valuation on all real estate.

Board Chairman Corey Stewart (R-At Large) pointed out that tax bills will still be lower than in 2007 for the average resident.

By Washington Post editors  | April 28, 2010; 8:15 AM ET
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