From this weeks Southside Sentinel …The Middlesex County Board of
Supervisors voted to advertise a proposed 2017-18 (FY18) budget that has a
3-cent real estate tax increase and a higher personal property tax on
The 3-cent real estate tax hike will make the new rate 56 cents per $100 of
value and generate about $600,000 in new revenue.
The higher tax on vehicles will generate about $400,000 more revenue.
Currently in Middlesex, personal-use vehicles are taxed on only 35% of their
fair market value, at a rate of $3.50 per $100. The supervisors want to
change this and tax 100% of the fair market values of vehicles at a rate of
$1.60 per $100, which will generate about $400,000 in new revenue.