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State News May 4, 2007  RSS feed

Sales tax going up June 1
By LARRY HILLIARD Ledger Staff Writer larry@gaffneyledger.com
      That shopping spree will soon cost you a little more. Beginning June 1, the state's sales tax will increase to six cents on the dollar, up a penny from the current rate. The increase was passed by the state Legislature last year as part of property tax relief reform.
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Household water well system loan program created
The loans have a one percent interest rate and a 20-year repayment term. A maximum of $8,000 per household may be borrowed under this program.
      ROANOKE, Va. - Southeast Rural Community Assistance Project Inc. has announced it has received $988,100 from the United States Department of Agriculture, Rural Development to create a loan program for homeowners needing to repair or construct water wells for their residences.
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