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Monongalia County approves fiscal 2026 budget after drop in property valuations
Summary
Monongalia County Commission on March 26 approved a fiscal year 2026 budget that officials say is roughly 7.1% smaller than the current year, citing an 18.95% drop in class 3 property valuations and other revenue declines; the budget keeps the county levy rate unchanged and preserves contingency reserves.
Monongalia County Commission approved the fiscal year 2026 county budget during its March 26 meeting, adopting a plan county officials said reflects lower property valuations and targeted spending adjustments.
County officials told commissioners that a nearly 19% decline in class 3 property valuations—driven in part by how the state values oil and gas properties—contributed to an overall 6.72% drop in total assessed valuation, a change officials said reduced property tax revenue by roughly $2.5 million. The commission said the budget submitted for approval represents about a 7.1% decrease from the current fiscal year and was prepared assuming the existing levy rate of $0.11 per $100 of assessed value; the formal levy will be set in April.
The adopted budget…
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