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Supervisors lower personal-property tax to $4.30 and give preliminary OK to school compensation funding in FY26 plan
Summary
At its April 21 meeting, the Page County Board of Supervisors voted to reduce the personal-property tax rate from $4.40 to $4.30 and discussed FY25–26 budget planning, including a consensus to reserve $25,200 to cover a school compensation package (2% plus step).
The Page County Board of Supervisors voted April 21 to adopt a lowered personal-property tax rate of $4.30 per $100 of assessed value for the current fiscal-year billing period, down from $4.40. County staff said the change will reduce current‑year revenue and estimated a loss of about $107,605 for the remainder of the fiscal year; the full‑year reduction would be approximately $215,210 if applied for an entire year.
Supervisors opened the FY25–26 budget public hearing the same evening. Finance staff presented draft planning assumptions that used a 68¢ real-estate tax rate for budgeting purposes next year and the adopted $4.30 personal-property rate for the current year revenue calculation. Board members discussed library allocations and other items during the hearing.
On the topic of school compensation, board members discussed the school division’s request and the governor’s pending budget decision (deadline May 2). Supervisors said they would wait to see state action but expressed agreement to provide $25,200 now to cover a 2% plus step compensation package (described by staff as equivalent to a 3% total). Staff said any additional action could be addressed at the July budget review after the state budget is finalized.
Board members emphasized the timing effect of lowering rates: cuts made now affect the current fiscal year through June and are reflected immediately in county revenue projections. The personal-property rate motion carried on the board’s roll call.
