Chesterfield Board votes to defer real estate tax vote — for now
CHESTERFIELD COUNTY, Va. (WTVR) – The Chesterfield Board of Supervisors voted Wednesday on County Administrator Jay Stegmaier’s proposed budget which includes a 4.5-cent real estate tax increase.
Part of the increase would go to fund a federal mandate for storm water cleanup to improve the Chesapeake Bay.
[Scroll down for up-to-the-minute reports from the meeting.]
During the meeting, a motion was passed to defer the tax rate vote for two weeks.
Stegmaier, who told CBS 6 he had no idea what would happen at the meeting, said the board could accept the tax increase, accept a reduced tax increase, or could instead opt to cut roughly $10 million from the budget.
Chesterfield Board Chair Jim Holland said the decision is “changing by the minute,” and he does not expect the tax increase to pass.
The proposed tax increase come after residents approved capital projects, but voted against a meals tax.