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YES, Move the Augusta County Courthouse Part 2: Funding a New Courthouse

augusta-county-courthouse-2 [1]Proposed plan from Moseley Architects for new courthouse at Augusta County Government Center in Verona.

Augusta County’s historic 1901 courthouse in downtown Staunton is no longer suitable for conducting business in today’s court system on a number of levels — safety, security, space limitations, no parking, no handicap parking, limited handicap access, court buildings separated by a main city street, dwindling storage, and other issues of concern. For more background, see YES, Move the Courthouse Part 1 [2].

A frequently-asked question is, “How will the county pay for a new courthouse?”

According to the Augusta County website [3], the new Courthouse in Verona is estimated to cost $45,000,000.

Additional tax increases are not planned in order to fund the courthouse in Verona.  As with current school construction, projects have been planned for and budgeted accordingly without a tax increase.

The county will borrow funds to pay for the Court Complex. Payments will be made over a period of years, using funds set aside from the sale of surplus property and the 2015 real estate tax increase. A portion of future growth in real estate values will be dedicated to funding the project, until such a time as the debt is fully funded.

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