Notice of Public Hearings

NOTICE OF PUBLIC HEARING

May 21, 2025 at 7:30PM

Proposed Real Property Tax Increase

The Town of Round Hill proposes to increase real property tax levies.

1. Assessment Increase: Total assessed value of real property, excluding additional assessments due to new construction or improvements to property, exceeds last year's total assessed value of real property by 5.42 percent.

2. Lowered Rate Necessary to Offset Increased Assessment: The tax rate which would levy the same amount of real estate tax as last year, when multiplied by the new total assessed value of real estate with the exclusions mentioned above, would be $ 0.063 per $100 of assessed value. This rate will be known as the "lowered tax rate."

3. Effective Rate Increase: The Town of Round Hill proposes to adopt a tax rate of $ 0.066 per $100 of assessed value. The difference between the lowered tax rate and the proposed rate would be $ 0.003 per $100, or 4.76 percent. This difference will be known as the "effective tax rate increase." Individual property taxes may, however, increase at a percentage greater than or less than the above percentage.

4. Proposed Total Budget Increase: Based on the proposed real property tax rate and changes in other revenues, the total General Fund Budget of the Town of Round Hill will exceed last year's General Fund Budget by 30 percent.

The Round Hill Town Council will hold a public hearing to receive comments on the real property tax on Wednesday, May 21, 2025, at 7:30PM at the Round Hill Town Office, 23 Main Street, Round Hill, Virginia. Any person interested may attend the public hearing in person or electronically and present his or her views. If this real estate property tax public hearing is postponed, it will be rescheduled for May 28, 2025 at 7:30PM.

Participation via a Zoom link can be accessed on the Town's website, www.roundhillva.gov. Written comments can be submitted to [email protected] by 3:00PM on the day of the meeting and will be presented during the public hearing.

Copies of the detailed budget and related documents are available on the Town's website (www.roundhillva.gov) or at the Town Office, Monday through Friday, between the hours of 9:00AM – 4:00PM.

NOTICE OF PUBLIC HEARING

May 21, 2025 at 7:30PM

Proposed Fiscal Year 2026 Tax Rates, Fees and Charges (July 1, 2024 to June 30, 2025)

Pursuant to Code of Virginia §§15.2-2506, -2111, -2119, -2143, -2122, -2241, -2286, -2015, §46.2-752 and §§ 58.1-3007, -3703 and -3840, the Round Hill, Virginia Town Council will hold a public hearing on May 21, 2025 at 7:30PM at the Round Hill Town Office, 23 Main Street, Round Hill, Virginia, to receive comments and adopt the proposed tax rates, fees and charges for Fiscal Year 2026. Participation via a Zoom Link can be accessed on the Town's website, www.roundhillva.org. Any person interested in the FY2026 Tax Rates, Fees and Charges may attend the public hearing in person or electronically and present his or her views. Written comments can be submitted to [email protected] by 3:00PM on the day of the meeting and will be presented during the public hearing. Copies of the detailed budget, rates, fees, charges and related documents are available for inspection and copying on the Town's website (www.roundhillva.org) or at the Town Office, Monday through Friday 9:00 am to 4:00 pm.

A copy of the proposed FY 2026 Tax Rates, Fees, and Charges is available HERE.