Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Brandywine outlines tax-rate reset after county reassessment; tax warrant expected July 9
Summary
Brandywine School District finance staff told the board the 2025–26 tax rate must be reset to a revenue‑neutral amount because Newcastle County’s reassessment raised total assessed values, and the district expects to vote the tax warrant at its July 9 meeting once county appeals and related legislation are resolved.
Brandywine School District finance staff told the Board of Education that the 2025–26 tax rate must be reset to a revenue-neutral level because countywide reassessments increased total assessed value.
At a June board meeting, a district finance presenter said the reassessment means the overall tax rate will fall but the impact will vary by parcel: “Some parcels will pay less taxes, some will pay more taxes, and others will pay just about the same,” the presenter said. The presenter said state law allows districts to increase revenue by up to 10 percent after a reassessment, but the district does not plan to use that allowance.
The presenter told the board that the calculation of the new rate depends on several…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
