Grayson to hold budget hearing

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By Ben Bomberger, Reporter

INDEPENDENCE — Grayson County residents will have one final chance to plead for a lesser tax rate when the supervisors hold a public hearing on the proposed 2010-11 budget next week.

The public hearing is scheduled for 7 p.m. on June 10, during the board’s regular monthly meeting.

With a proposed tax increase of 44 percent, the real estate levy will jump to 49 cents next year.

The increase comes as the county looks to crawl out of a deep financial hole, which includes an estimated tax anticipation note of more than $3.5 million next year.

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