A committee made up of Billy Martin and Jack Leffel on the BOS , county Administrator, Kathleen Guzi and Finace Director Tony Zerilla with the help of Commissioner of Revenue Rodney Spickard and County Treasurer Bill Arney. Ch. 23 of the Botetourt Code.
The new ordinance is as follows to qualify for additional tax relief.The committee also voted to distribute flyers so the word gets out to the appropriate people.
Exemption of incomes of each relative living in the home increased from the first $6,500 to $7,Increased net combined networth from $150,000 to $175,000. Changed the 2012 filing deadline to July 1, 2012. Changed the exemption percentages as below:
Income: $20, 000 or below 90% exemption.
$20,0001 to $25,000 75% exemption
$25,01- $30,000 50% exemption
$30, 001 – $40,000 30% exemption
Guy Caldwell of Runaway Village was the only person to speak. While he said his questions were answered listening in the prehearing explanation, but he was till upset over the 8% real estate tax increase.
Martin made the motion and the board approved the code change.