Public Hearing — 612 Main St., Bland, VA

NOTICE OF PROPOSED REAL PROPERTY TAX INCREASE The County of Bland proposes to increase 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 89.6%.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 $0.32 per $100 of assessed value. This rate will be known as the “lowered tax rate.” 3. Effective Rate Increase: The County of Bland proposes to adopt a tax rate of $0.42 per $100 of assessed value. The difference between the lowered tax rate and the proposed rate would be $0.10 per $100, or 31.25%. 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 theabove percentage. 4. Proposed Total Budget Increase: Based on the proposed real property tax rate and changes in other revenues, the total budget of Bland County, VA, will exceed last year's by 6.2%.  A public hearing on the increase will be held on May 26, 2026, at 5:00 p.m. at the Bland County Courthouse, 612 Main St., Bland, VA 24315. Any persons desiring to address the Board may do so at the hearing. AD ID: 00241