Floyd County residents face a potential real estate tax increase of seven percent as part of the proposed fiscal 2019 fiscal year budget that begins on July 1.
A seven percent tax increase is part of the current budget under consideration and homeowners have a chance to speak about the proposed hike at a public hearing before the board of supervisors Tuesday evening at 7 p.m.
That public hearing follows a 6 p.m. public hearing about the proposed six-year secondary road improvement program.
The real estate tax increase would change the current rate of 55 cents per $100 assessed property value to 62 cents and much of the funding is slated for police and law enforcement needs for the county (including new school resource officers for the elementary schools and road deputies).
Remember, the second meeting of each month is normally at 7 p.m. on the fourth Tuesday but the double hearings starts the meeting this Tuesday an hour early at 6 p.m.
See you there.