
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: THURSDAY, March 29, 1990                   TAG: 9003290733
SECTION: VIRGINIA                    PAGE: B6   EDITION: EVENING 
SOURCE: 
DATELINE: CHRISTIANSBURG                                LENGTH: Short

MONTGOMERY COUNTY OKS BUDGET

Montgomery County supervisors Wednesday night approved a $58.37 million budget for next year that includes a 5-cent boost in the real-estate tax rate.

But the supervisors did manage a small tax cut. Responding to concern that the General Assembly will phase out the merchants capital tax, they cut that tax from $6.56 per $100 of assessed value to $6.03. They had cut the tax last year, too, by 34 cents.

The supervisors also reduced the proposed $25-per-ton landfill dumping fee to $15. Blacksburg and Christiansburg had reacted unfavorably to the higher figure.

"They're still not going to be happy," said board Chairwoman Ann Hess. "But they're happier with this than they were with $25, and they understand where we're coming from."

The real-estate tax rate rises to 81 cents per $100. That means an increase of $25 on a $50,000 house.

by CNB