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Culpeper County

Funding in peril for Culpeper's outer loop road

Funding for Culpeper’s outer loop road may come up short because the state has slashed the 2011 fund-matching revenue sharing program from $50 million to $15 million. The funding program may be eliminated entirely in 2012.

The outer loop road would be a 2.5 mile connection between Eggbornsville Road and U.S. 522, and would hopefully reduce traffic through the town. Later on, the road could be extended to the south and widened to four lanes, connecting with U.S. 29 at a new interchange.

Transportation issues affect homeowners directly as they move about their daily lives, and can later impact property values. Easily accessible, convenient transportation options are attractive to prospective homebuyers.

Read more in The Culpeper Star-Exponent....

Posted on Tuesday, June 29, 2010 - 11:37am

Culpeper County housing prices up, foreclosures down

photo by peasapThere were 40% fewer foreclosures in Culpeper County in the first four months of this year than there were in the same period in 2009, according to the Culpeper Star-Exponent. And there's more good news for the local real estate market: prices are going up. The average selling price in April was $180,722 compared to $165,892 in April 2009, according to  Metropolitan Regional Information Systems.

The higher prices may be due in part to lower inventory. Culpeper County had 317 active real estate listings in April, compared to 361 last April.

Read more....

Posted on Sunday, June 6, 2010 - 9:41pm

Culpeper County set to adopt tight budget on Tuesday

The Culpeper Board of Supervisors on Tuesday will adopt the county’s 2011 budget. The latest version of the budget calls for spending $125.89 million, about $534,000 less than this year’s advertised budget of $126.4 million and less than last year’s adopted budget of $126.9 million. Some changes to that latest version could be made on Tuesday, including restoring some of the $200,000 cut from the library.

The slimmed-down spending plan calls for deep personnel cuts across county departments, with many full-time employees losing jobs outright or moving to part-time status.

Read more in The Culpeper Star-Exponent....

Posted on Monday, April 26, 2010 - 7:17am

Culpeper schools deal with recently adopted budget

Nearly a month after adopting its fiscal year 2011 budget, the Culpeper County School Board is still working out where cuts will be made. Parents aired worries that the quality of the schools may slip, citing class sizes and small amounts of homework as areas of concern.

Read more at the Culpeper Star-Exponent....

Posted on Thursday, April 22, 2010 - 8:03am

With good schools and low taxes on their minds, Virginia's counties and cities are balancing budgets

Schools across the commonwealth are trimming their budgets where they can, even as they plead with county and city boards to provide more funds. Local government officials are left with the difficult task of balancing the needs of the schools -- and other departments -- with the urgent call to keep taxes low during the economic downturn.

Read more in your local press....

Posted on Wednesday, April 14, 2010 - 6:17pm

Unemployment remains high across Virginia

 

Unemployment rates in Virginia are still high -- bad news for the housing market, which has been slow and appears likely to remain so until people who want work can find it. Virginia homeowners have collectively seen billions in equity wiped out in this recession, and experts agree the market won't fully recover until jobless rate subsides. Read more below....

Posted on Friday, March 19, 2010 - 10:34am

NOVA Homeowners Invited to Economic and Housing Forecast Summit

For the fourth year, the Dulles Area Association of REALTORS® will sponsor an Economic and Housing Forecast Summit to discuss what’s in store for the housing market and local economy.

This event is for any member of the community who is interested in learning about the local housing market. The speakers will dicuss the importance of improving the housing market to infuence the economy, and how the market in NOVA has been improving over the last few months.

The Summit will be held on Friday, October 30th from 8:30 a.m. – 10:30 a.m. at the Loudoun County School Administration Building, 21000 Education Court, in Ashburn, VA.

The Summit will include a panel of top national, regional and local economic and housing experts who will discuss recent trends and the outlook for housing and the economy for Northern Virginia and the nation.

The $25 non-member registration fee ($20 DAAR members) includes program and breakfast.

To sign up, go to DAAR's website.

Posted on Monday, October 26, 2009 - 8:28am

Culpeper Residents Will Be Able to Pay Taxes Online

Paying taxes will soon be easier for Culpeper residents, according to The Free Lance-Star.

For a fee, residents will be able to pay taxes online. Officials hope that this function will go live for residents by the end of the year.

 

"The town of Culpeper will soon begin using a new software system designed to streamline a number of financial functions and let residents pay their taxes online.

The software, which is expected to go into daily use by December, will bring utility billing, budgeting, purchasing, human resources functions, payrolls and other financial operations under the same system.

'It will allow us to work more efficiently,' said town Treasurer Ron Mabry.

Officials hope the new system will be up and running for the real-estate and personal-property tax season to allow online payments for the first time.

A link on the town's Web site will direct taxpayers to the function.

'We want to make it easier for the citizens when they click that link,' said Mabry. 'You can do it in the middle of the night.'

Opting not to stand in long lines, however, will not be free, and an as-yet-undisclosed fee will be attached to online payments.

The new system will continue to allow for "direct debit" utility-bill payments, a feature town officials say few people have used since it was established."

Read the full story.

Posted on Monday, October 19, 2009 - 1:42pm

Work Starts on Virginia Piece of Multistate Line

Work has started on the 65-mile stretch of high-voltage multi-state line that will run through part of Northern VA, according to Philly.com.

The line will help meet the growing power needs in the area.

"Dominion Resources says work has started in Virginia on a 65-mile stretch of a high-voltage line that would run 265 miles from Pennsylvania to Loudoun County.

Dominion spokeswoman Le-Ha Anderson says work is ongoing in the Culpeper and Fauquier areas. The $243 million portion of the line from Meadow Brook to Loudoun is expected to go into service by June 2011.

Richmond-based Dominion and Greensburg, Pa.-based Allegheny Energy claim the $1.3 billion, 500-kilovolt transmission line is necessary to meet growing electricity demand in the region.

The line would run from Washington County, Pa., across northern West Virginia to Loudoun County."

Read the original story.

Posted on Monday, October 19, 2009 - 11:46am

New Shopping Center Planned for Culpeper

A new shopping center aimed at drawing travelers off the highway in Culpeper is being planned, according to the Richmond Times-Dispatch.

Braggs Corner Station is the name of the new center that will be across from Eastern View High School, and will hopefully open next summer.

The developer hopes to bring in well-known businesses to the center, like Bruster's Ice Cream which has already agreed to lease a space.

This could be a great addition to the county that will help increase the tax base, which is important for keeping property taxes down.

"A local developer is confident that a retail and business center planned for a busy highway junction will quickly become an asset to Culpeper County travelers and residents.

Braggs Corner Station is set to open the first phase of a multiphase project by next summer, said Tom Boyd, a real estate broker who is overseeing the venture for Charlottesville-based Born Commercial.

The project is across from Eastern View High School on the west side of U.S. 29 at state Route 666 on a now-vacant 25-acre tract along the highway.

'We're sincerely hoping that we will start breaking ground this winter,' Boyd said.

One tenant, Bruster's Ice Cream, already has signed on to lease space. Boyd said talks are ongoing to bring other well-known businesses to the project, but he declined to identify them because agreements have not been reached.

The 10,500-square-foot retail center would be the first element of a project that Boyd hopes will offer residents and travelers quick, convenient and familiar choices along a stretch of highway with relatively few options.

Although there are adequate services in town, many travelers are reluctant to stray too far off the highway, Boyd said.

Plans call for Braggs Corner Station to include a gas station, several quick-service and full-service restaurants, a bank, medical offices, a medium-sized hotel and a landscaped nature area eventually. No timetable has been set on when the other elements might be added."

Read full story.

Posted on Thursday, September 17, 2009 - 12:11pm