Board adopts resolution setting 2025 personal-property tax relief at level to exhaust allocated state funds

The Warren County Board of Supervisors adopted a resolution setting the county’s share of state personal-property tax relief for tax year 2025 at the level recommended by the commissioner, a county staff member said.

County staff told the board the commissioner calculated this year’s relief percentage at 26% and recommended the board adopt that percentage. Staff said the adopted percentage is expected to “exhaust the personal property tax relief funds” allocated to Warren County by the Commonwealth of Virginia for the current budget year.

A board member asked whether the percentage had been higher last year; staff responded that “last year it was higher,” and another board member said it had been about 30% previously. Staff explained the percentage is determined by a statutory formula and depends on the state allocation; the staff presentation referenced “$4,500,000” as the amount anticipated to be allocated to Warren County for the fiscal year and said the commissioner would do a new calculation next year when the state announces future allocations.

A supervisor moved the resolution, and the board approved it by roll call: Mrs. Cullors—Aye; Mr. Stanmeyer—Aye; Mr. Chairman—Aye; Dr. Jamieson—Aye; Mrs. Cook—Aye. The board’s clerk recorded the motion as adopting a resolution “to set a percentage of tax relief for the 2025 tax year at a level that is anticipated to exhaust tax relief funds provided to Warren County by the Commonwealth of Virginia as authorized by the county code section 60 160 dash 1 0 9.”

Staff told supervisors the commissioner would complete the administrative steps to apply the relief to tax assessments and forward materials to the treasurer in about 10 days, followed by printing of tax bills.