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Carroll to adjust tax rate in new budget

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Property values dropped for first time in three decades, which will affect the 2014 county budget.

By Christopher Brooke, Reporter

HILLSVILLE — Adjusting the real estate tax rate to 68 cents per $100 will make it “revenue neutral” after Carroll County experienced the first drop in property values in three decades, according to a budget presentation at Monday’s supervisors’ meeting.
The reassessment conducted by Wampler-Eanes Appraisal Group reflected a 12 percent decrease in total taxable property values as compared to 2012, the firm’s final report said. The total value came in at $2.33 billion.


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