LCRC Formally Adopts Resolution Urging Board of Supervisors To Cut Property Tax Rate, Pay Down County Debt

February 28, 2017

FOR IMMEDIATE RELEASE

Media Contact:
Nicole Tardif
LCRC Communications Chair
703-678-9276

communications@loudoungop.com

LCRC Formally Adopts Resolution Urging Board of Supervisors To Cut Property Tax Rate, Pay Down County Debt

Loudoun County, Virginia - At the Loudoun County Republican Committee's February 27 meeting, the LCRC membership unanimously voted to formally adopt a resolution urging the Loudoun County Board of Supervisors to reduce the tax burden on Loudoun families by implementing a property tax rate lower than the current equalized tax rate of $1.135 for FY 2018.

"As Republicans, we believe that fiscal responsibility and budgetary responsibility are cornerstones of efficient, effective government," said Will Estrada, Chairman of the Loudoun County Republican Committee. "With Loudoun's cost of living ranked as one of the highest in the country, the least the Loudoun County Board of Supervisors can do is cut the tax rate so that Loudoun retirees, families, and working individuals can keep a little bit more of their hard-earned money in their own pockets, or spend or donate as they see fit."

Another plank of the Loudoun County Republican Committee's Resolution calls on the Board of Supervisors to utilize any surplus revenue to pay down the County's debt. Currently, total debt stands at $1,708,976.944, or $4,573.17 for every man, woman, and child who resides inside the County's borders.

"Fiscal restraint is a core Republican belief, and fighting for lower property taxes along with debt reduction are key objectives for the LCRC." said Anthony DeFazio, the Loudoun County Republican Committee's newly appointed Executive Director.

The Loudoun County Board of Supervisors has scheduled three public hearings on the FY2018 budget and tax rate, and the Loudoun County Republican Committee strongly encourages constituents to attend and have their voices heard. Additionally, those interested in attending may call 703-777-0204 to reserve a speaking slot in advance.

FY2018 Hearing Schedule:

Tuesday, February 28 - 6:00 p.m., Loudoun County Government Center

Thursday, March 2 - 3:00 p.m., Loudoun County Government Center

Saturday, March 4 - 9:00 a.m. - 12:00 p.m., Loudoun County Public Schools Administration Building (21000 Education Court, Ashburn)

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