Tax Increase?
In a surprising turn of events, Monday's commission workshop turned
into a discussion of a possible property tax increase for Loudon County
property owners. The current 2016-2017 budget recommendation does not include a property tax increase however, there were a couple of provisions in the proposed budget that some commissioners were opposed to. The discussion turned to the possibility of a property tax increase to balance the budget. The new budget would require a 12 cent property tax increase for a balanced budget. The commission will meet Monday, 6/27/16 at the Court House Annex at 6:00 to vote on the budget. Commissioners could adopt the budget with no tax increase, increase taxes or take no action and go back and rework the proposed budget. |
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6/22/16