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

DATE: WEDNESDAY, April 5, 1995                   TAG: 9504050077
SECTION: VIRGINIA                    PAGE: C-5   EDITION: METRO 
SOURCE: SARAH HUNTLEY
DATELINE:                                 LENGTH: Short

COUNTY TAX RATES HOLD STEADY

The Roanoke County Board of Supervisors voted Tuesday to keep real estate and personal property tax rates steady for the upcoming fiscal year.

In a five-minute meeting with three members present, the board set the real estate rate at $1.13 per $100 of assessed value. A taxpayer who owns a home assessed at $105,000, for example, can expect to pay $1,186.50 in real estate taxes during the next fiscal year, which begins July 1.

The personal property tax rate remains $3.50 per $100 of assessed value, and the machinery and tools tax rate remains $3 per $100 assessed value.

"It's important to point out that these rates haven't changed since the last calendar year. We haven't increased them and we haven't decreased them," Supervisor Lee Eddy said.

County landowners still could find themselves paying more in taxes because of increases in the assessed values of their homes.

Assessments on existing residential property went up an average of 3.3 percent last year.

by CNB