Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
New Kent County adopts FY26 budget with 1¢ real-estate tax increase; board directs funding toward courthouse
Summary
After weeks of review and public hearings, the New Kent County Board of Supervisors adopted a FY 2025–26 budget and capital improvement program that includes a 1-cent increase in the real-estate tax rate to fund one major capital project; the board directed staff to use Colonial Downs funds for debt-service support and approved a revised CIP that
The New Kent County Board of Supervisors on May 20 adopted the fiscal year 2025–26 governmental and schools budget — $136,543,336 after the board agreed to a one-cent increase in the real-estate tax rate — and approved a revised capital improvement program that prioritizes courthouse work while deferring a new elementary school and some other capital projects.
County staff presented the proposed budget and changes required by the board’s decision on the tax rate. “With the adoption of a $0.01 real-estate tax increase, the FY26 budget will total $136,543,336,” Mr. Hathaway, county staff, told the board.
Board members debated two large capital proposals: a borrowing plan for the construction of a new courthouse and the construction of a new elementary school to replace the existing New Kent Elementary School. Both proposals were described in staff materials as part of a possible $130 million…
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
