Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, February 12, 1991 TAG: 9102120479 SECTION: EDITORIAL PAGE: A-4 EDITION: METRO SOURCE: DATELINE: LENGTH: Short
Now they are increasing their tax base by coming in the back door, raising the assessment on real estate. As an owner of my home, it will cost me more to live there. It would be hard, if not impossible, to sell it for what they tell me it is worth now.
It would seem they do not read the business news, which only recently reported the value of real estate was declining on both the East and West coasts. Only the Midwest is holding its own.
Seems that all the projected capital improvements, such as the water reservoir that was sold to the public when the bond issue was approved, will cost far more than our county Administration advised us. With other so-called improvements, these should be put on hold until the economy improves. GEORGE H. HENNING ROANOKE
by CNB