While counties and cities throughout Southwestern Virginia raise taxes on both real estate and personal property, Floyd County Supervisors appear determined to hold the line.

Which creates problem for the cash-strapped county but could be a relief for equally cash-strapped county residents who have trouble making ends meet.

But this may be the last year that county government can hold the line on taxes. With a budget of more than $34 million, supervisors have spend the last three weeks going through the many expense and revenue areas, trimming $50 here, several thousand there and shifting money between accounts to try and balance a tight budget.

County administrator Dan Campbell says this is probably the last year the county can hold the line on tax increases.

“With state funding down, the county must pick up more and more of the cost of government,” Campbell says. “I expect that trend to continue.”

Reblog this post [with Zemanta]