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PUBLIC HEARING NOTICE

TOWN OF RICH CREEKPROPOSED OPERATING BUDGET FOR FISCAL YEAR 2026/2027-PUBLIC HEARING NOTICE

The Town Council of the Town of Rich Creek will hold a Public Hearing on the Proposed Operating Budget for FY2026-2027 on Thursday, June 18, 2026 at 6:30 PM or as soon thereafter as the matter may be called on the agenda.  The hearing will be held at the Rich Creek Municipal Building at 250 Old Virginia Avenue, Rich Creek, VA 24147.  All interested citizens are encouraged to attend and offer comments. 

The Current and Proposed Tax Rates are as follows:  

TAX

CURRENT RATE

PROPOSED RATE

REAL PROPERTY

$0.20 PER $100

$0.20 PER $100

PERSONAL PROPERTY

$0.575 PER $100

$0.575 PER $100

MOBILE HOME

$0.20 PER $100

$0.20 PER $100

MACHINERY & TOOLS

$0.626 PER $100

$0.626 PER $100

MOTOR VEHICLE LICENSE FEE

$20

$20

MOTORCYCLE LICENSE FEE

$10

$10

Water (In-Town)

$20.75

$20.75

Water (Out-of-Town)

$36.32

$36.32

Sewer (In-Town)

$26.88

$26.88

Sewer (Out-of-Town)

$53.76

$53.76

Cigarette Tax

$0.25 per pack

$0.25 per pack

Meals Tax

5%

5%

The Personal Property Tax Relief Act rate is 43%.  A copy of the budget is available for public inspection at the Rich Creek Municipal Building during normal business hours. A summary of the proposed operating budget is as follows:

                       SUMMARY OF REVENUE & EXPENDITURES

                                    Rich Creek Revenue Estimate

General Taxes                                                                       392,490

Police                                                                                     33,366   

Licenses                                                                                 87,500

Utility Taxes                                                                            27,600

Intergovernmental                                                                     9,000

Recreation                                                                              31,000

Fire                                                                                         15,000

Water Service                                                                        256,000

Sewer Service                                                                       323,000

Cigarette Tax                                                                          45,000

Total Rich Creek Revenue Estimate                                   $1,219,956

                                     GlenCreek Revenue Estimate

GlenCreek Waste Water Treatment Plant-Glen Lyn                   33,000

GlenCreek Waste Water Treatment Plant-Rich Creek              107,000

Total GlenCreek Revenue Estimate                                     $140,000

Total Combined Rich Creek/Glen Creek Estimated Revenue           $1,359,956

                                 Rich Creek Expenditure Estimate

Administration                                                                        308,350

Police                                                                                    190,532

Fire Department                                                                      18,800

Buildings & Grounds                                                                83,450

Street Department                                                                39,824               

Debt Service                                                                           77,724 

Water Dept.                                                                           255,886

Sewer Dept.                                                                          138,390

GlenCreek Waste Water Treatment Plant                                107,000

Total Rich Creek Expenditure Estimate                               $1,219,956

                             GlenCreek Expenditure Estimate

GlenCreek Waste Water Treatment Plant Operations               140,000

Total GlenCreek Expenditure Estimate                                 $140,000

Total Combined Rich Creek/Glen Creek Estimated Expenditures   $1,359,956



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Posted on Jun 08 2026 by Pam
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