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

DATE: WEDNESDAY, May 16, 1990                   TAG: 9005160511
SECTION: VIRGINIA                    PAGE: B-3   EDITION: METRO 
SOURCE: 
DATELINE: NEW CASTLE                                LENGTH: Short

CRAIG SUPERVISORS PREPARE TAX INCREASES

The Craig County Board of Supervisors has given preliminary approval to a $4.7 million budget requiring increases in both the real estate and personal property tax levies.

The real estate levy would go up 5 cents to 70 cents for each $100 property assessment and the personal property levy would increase 20 cents to $2.20 for each $100 assessment.

The budget will be aired at a public hearing June 4 at 3:30 p.m. It is to cover the 1990-91 fiscal year and is to take effect July 1.

Jeffrey Johnson, county administrator, said the additional revenue expected from the increased taxes will be needed to cover the costs of state-mandated increases in the school system.

- Staff report

by CNB