Stokes property-tax rate stable
Commissioners approve budget that will increase fire-service tax by 1 cent
DANBURY (Winston-Salem Journal) - The Stokes County Board of Commissioners approved a $40 million budget for fiscal year 2007-08 yesterday.
The budget, which will take effect July 1, has no increase in the property-tax rate. The rate remains 60 cents for every $100 of assessed value, meaning that the owner of a house valued at $100,000 will pay $600 in taxes.
The budget also sets aside some money for new positions and other benefits for county employees.
Fire-service taxes for residents were raised by 1 cent to keep two fire marshal’s positions that were cut in County Manager Bryan Steen’s initial budget proposal.
DANBURY (Winston-Salem Journal) - The Stokes County Board of Commissioners approved a $40 million budget for fiscal year 2007-08 yesterday.
The budget, which will take effect July 1, has no increase in the property-tax rate. The rate remains 60 cents for every $100 of assessed value, meaning that the owner of a house valued at $100,000 will pay $600 in taxes.
The budget also sets aside some money for new positions and other benefits for county employees.
Fire-service taxes for residents were raised by 1 cent to keep two fire marshal’s positions that were cut in County Manager Bryan Steen’s initial budget proposal.
posted by BP News Bureau | 12:29 PM
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