|Avery County Residents to Vote on Land Transfer Tax|
|Written by Adam Hicks|
|Monday, 02 February 2009 06:11|
In an effort to pay for classroom improvements and other renovations to Avery County Schools, county officials have proposed a land transfer tax, which will be up for a vote Tuesday.
According to Avery County Manager, Robert Wiseman, the proposed tax would make the seller in a real estate transaction pay .4 percent of the sale to the county.
Wiseman said all proceeds from this tax would go to classroom renovations.
Wiseman explained, “The revenues that are generated by the land transfer tax would be used in total for any classroom needs all the way from replacing carpet on the floor, to air conditioning, new technology, computer systems, and so on and so forth.”
The proposed tax does not include real estate that has been inherited or given away.
Wiseman said that over the past two years, most land transactions that were made in Avery County were by non-resident buyers and sellers.
Wiseman explained, “The senior citizens and the young people in Avery County are not buying and selling, so they would not be suffering the brunt end of this like they would if it were in a property tax increase.”
Wiseman said over 700 Avery County residents have already voted in one-stop voting, which ended Saturday. Other residents can vote on Tuesday from 6:30 a.m. – 7:30 p.m. at their regular polling place.
More information about the Aver County land tranfer tax can be found here > http://www.averycountync.gov/TransferTax.htm
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