March 26, 2026 - 13:34

The path to finalizing Amherst County's fiscal year 2027 budget remains contentious as the Board of Supervisors continues to debate the appropriate real estate tax rate. With a deadline approaching, supervisors are weighing competing priorities of county funding needs against the financial burden on property owners.
The central issue revolves around balancing the budget, which must account for rising costs in essential services such as public education, law enforcement, and infrastructure maintenance. Some officials advocate for keeping the rate stable, arguing that additional tax pressure could strain homeowners and businesses, especially in the current economic climate. Others suggest that a modest increase is necessary to maintain service levels and fund critical county projects without dipping into reserves.
Residents have expressed varied opinions during public comment periods, highlighting the community's divided perspective on taxation and government spending. The board is meticulously reviewing departmental requests and revenue projections, seeking a compromise that safeguards the county's financial health while being mindful of its citizens' wallets. The final decision, which will impact every property owner in the county, is expected in the coming weeks as deliberations intensify.
September 18, 2026 - 02:37
Today's Mortgage Rates, Sept 17: 30-Year Fixed Stays Above 7% After Fed's First Hike in 3 YearsThe average rate on a 30-year fixed mortgage moved higher on Sept 17, reaching 7.01 percent after the Federal Reserve announced its first rate hike in more than three years. The increase marks a...
September 17, 2026 - 06:20
Wallace Real Estate supports Knox Heritage Scruffy City SoiréeWallace Real Estate threw its support behind Knoxville`s history and the push to protect its one of a kind spaces by serving as a table sponsor for the 2026 Knox Heritage Scruffy City Soiree. The...
September 16, 2026 - 17:08
Number of homes sold fell in 7 out of 8 ZIP codes in The Woodlands area this AugustThe Woodlands area saw a broad slowdown in home sales this August, with seven of eight ZIP codes recording fewer transactions than the same month a year earlier. The data points to a market that...
September 16, 2026 - 01:43
A Fed Rate Increase Could Challenge Housing's New NormalEconomists widely expect the Federal Reserve to raise its benchmark interest rate by 25 basis points at its upcoming meeting, a move that could ripple through a housing market still adjusting to...