BY ROGER SMITH
MOUNTAIN CITIZEN

INEZ — The Martin County Extension District set 2024 property tax rates in a meeting Sept. 12. Taxpayers can expect to be billed 13.1 cents per $100 of assessed value on real property, 24.5 cents per $100 on personal property and 2.2 cents per $100 on motor vehicles.

According to board members, the tax rates are expected to generate $537,000.

Discussing the real property tax rate, board member Bruce Endicott noted the district has a reserve of $720,000. He also stated the extension district collected $596,000 last year, spent $411,000, and had an “overage of $184,000.”

“With inflation and what’s going on across the country, in my opinion, we need to leave it at the old rate, as long as we don’t make any cuts to any program the extension office does, ” Endicott said. “I think we do some wonderful things that kids otherwise wouldn’t be able to do. We have our people that come in here and sew. We have our honey bees. We have a lot of wonderful things that, in my opinion of the extension office, tie back to the old days – the direction that we kind of need to go.”

The personal property rate of 24.5 was a decrease from 27.05 last year.