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Orange County supervisors hear budget tax-rate presentation and public comments; no vote taken
Summary
County staff summarized proposed FY‑26 tax rates after a general reassessment that raised real estate values about 31 percent. A deputy sheriff urged the board to approve funding for four patrol positions, suggesting a half‑cent tax increase; the board took no action and plans further budget discussion next week.
Orange County Board of Supervisors members received a staff presentation on proposed fiscal year 2026 tax rates and held two public hearings Monday, but took no votes on tax rates and said formal adoption will await the coming budget action.
Finance staff told the board that property taxes account for about 38 percent of the county's consolidated budget and that real estate taxes make up roughly 68 percent of that share — about $41,500,000 — and that an ongoing general reassessment will increase real estate values by about 31 percent for the FY‑26 budget year.
Per the Code of Virginia, staff said the county must advertise an equalized rate that would generate no more than 1 percent new revenue before declaring a real estate tax‑rate increase. Staff showed an equalized calculation of 47 cents on the general levy and 11 cents for the fire and EMS levy, a combined…
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