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Board adopts FY 2025–26 budget, increases transient occupancy tax to 6%, leaves personal property rate unchanged
Summary
Patrick County supervisors adopted the FY 2025–26 budget, raised the transient occupancy tax from 5% to 6%, reduced a planned $15,000 contribution to the Patrick County Education Foundation and left the personal property tax rate unchanged.
The Patrick County Board of Supervisors adopted the fiscal year 2025–26 budget and approved several tax and appropriation decisions: an increase in the transient occupancy tax (TOT) from 5% to 6%, a $15,000 reduction to a planned contribution to the Patrick County Education Foundation, and no change to the personal property tax rate.
During debate, staff told the board that the TOT increase would generate…
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