By SHAINA STOCKTON, Staff
HILLSVILLE — Carroll’s proposed FY 2013-14 budget includes an increase to 68 cents per $100 valuation for the real estate tax rate, to make it “revenue neutral” after the county experienced the first drop in property values in three decades, according to a budget presentation at a meeting held earlier this month.
Because of this drop in values, the county won’t take in any more revenue from the reassessment, in spite of the higher rate.