No increase in county taxes this year

Floyd County Supervisors Lauren Yoder, Joe Turman and Case Clinger.
Floyd County Supervisors Lauren Yoder, Joe Turman and Case Clinger.
Floyd County Supervisors Lauren Yoder, Joe Turman and Case Clinger.

As my story in today’s Floyd Press reports, the county will hold the line on real estate and personal property taxes this year after the Board of Supervisors crafted together a budget that gives government departments some — but but not all — of what they wanted for the next fiscal year.

The board decided Tuesday night to not go for a tax increase this year and they will approve final budget figures and schedule a public hearing on that budget when they meet the second Tuesday in May.

The new budget gives a three percent raise to county employees and a two percent raise to teacher along with some help on their retirement benefits.

The relief to some taxpayers may be short-lived.  Next year will bring reassessments on real estate and an almost-certain tax increase.

Stay tuned.

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© 2021 Blue Ridge Muse