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.