However, Tucker will base his budget recommendation on a 76.7-cent rate, with 2.5 cents set aside for the rainy day fund, because home assessment values in Albemarle didn’t decline as much as officials had projected in December.
…Maybe not, based on last year’s budget process ( thanks to Cville Tomorrow – bolding mine): By a split decision, the board asked that the budget process begin with a 77-cent real estate tax rate, with 2.5 cents of it set aside for a rainy day fund.