Carroll supervisors pass budget

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Including school funding, the county spending plan totals nearly $79 million.

By Christopher Brooke, Reporter

HILLSVILLE — With action to adopt the budget at the May 13 meeting, Carroll supervisors cemented the fiscal year 2014 real estate tax rate at 68 cents.
The supervisors quickly adopted two budget-related motions proposed by the two elected officials on the county budget committee at that meeting.
Supervisor Phil McCraw made a motion to approve the approximately $39.12 million general county budget, which was approved. Including the $39.6 million funding for schools, the total Carroll budget comes in at about $78.8 million.
Supervisor Tom Littrell moved to set the tax rates as proposed in the budgeting process. The supervisors approved that motion, as well.
During the budgeting process, county officials said that setting the real estate rate at 68 cents per $100 valuation would make it “revenue neutral.”
This came after the total value of land went down by about 12 percent after the completion of a general reassessment. It was the first time real estate had declined in three decades, county officials said.
The other adopted tax rates include: $1.60 per $100 of valuation for personal property; 80 cents per $100 on farm machinery; $2.30 per $100 of merchant’s capital; and $1.30 per $100 valuation for machinery and tools after taking into account depreciation.