The Craig County Board of Supervisors adopted a set of 2024 tax rates and approved several budget amendments during continuation meetings April 4 and April 18, 2024.
Key tax decisions recorded under resolutions R24-25 through R24-28 set the personal property tax and the machinery-and-tools classification at $3.50 per $100 of assessed value; the merchants capital tax was set at $1.75 per $100; and the real estate tax (including mobile homes and certain equipment classifications) was set at $0.52 per $100.
The board also approved R24-22 to transfer $6,000 to fund Farmers Market operating and Grand Opening expenses and R24-23 to accept $64,270 in revenues and appropriate them to expense lines: a $29,352 archival grant to the Circuit Court Clerk from the Library of Virginia, $4,390 in donations for the Sheriff’s Hooked on Fishing event, and $30,528 in Laser reimbursements to the Department of Social Services to offset salary and adoption-related lines.
Board debate included discussion of the merchants capital tax. Supervisor Jason Matyas argued the merchant’s capital classification disproportionately burdens businesses that hold inventory and moved to set the rate at zero; that motion produced a split result and did not carry. The board later passed R24-27 setting the rate at $1.75 per $100; the recorded vote on R24-27 listed yes votes from Jordan Labiosa, Keith Dunbar, Carl Bailey and Jesse Spence and an abstention from Matyas.
The board also approved R24-24 to join the Lexington Combined VJCCCA juvenile-services plan and voted to release $6,585 to the combined plan. A request to approve a DAR July 4 parade was also approved. Public commenters offered contrasting positions: Jill Templeton urged full funding for schools; Jason Sarine opposed full funding as an undue tax burden.
The board closed brief public hearings on the FY2024–25 budget and tax rates after receiving no public comments.