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Prince Edward County adopts $127.7 million FY26 budget; sets tax levies

3154581 · April 29, 2025
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Summary

The Prince Edward County Board of Supervisors approved the county's fiscal year 2025-26 school and county budgets and set advertised tax levies after a roll-call vote April 29. Supervisors approved the school budget and county budget and adopted advertised tax rates; two supervisors recorded no votes on the real estate tax rate.

The Prince Edward County Board of Supervisors approved the fiscal year 2025-26 Prince Edward County School budget and adopted the county's FY26 budget and advertised tax levies at its April 29 meeting.

The board voted to adopt a county budget for $127,692,750 and approved the school budget for FY26. The board also set the real estate tax rate at $0.39 per $100 of assessed value and a personal property tax rate of $4.50, as presented in the budget packet. The packet noted the budget is balanced at those advertised rates.

Mr. Stanley, speaking from the dais, summarized materials in the board packet and said the budgets and sample motions were included for the board's consideration. The packet also contained a resolution related to the advertised tax levies and the recommended FY26 school and county budget documents.

During roll call on the combined set of resolutions, Supervisors recorded the following positions as announced on the record: Mister Gillum — yes; Doctor Priet — yes; Mister Watson — yes; Mister Emmert — yes on the school budget and no on the 39' real estate rate; Mister Townsend — yes; Miss Cooper — yes on the school and county budgets and no on the tax levies. The board chair declared the motion to approve the school and county budgets and adopt the advertised tax levies carried overall.

The board packet and staff remarks said the personal property rate was calculated using the 2025 assessment methodology referenced in the materials. Staff also noted included resolutions and sample motions to adopt the budgets and tax levies.

The board did not take further amendments on the budgets during the meeting and moved to the next agenda item following the votes.

Votes at a glance - Adopt advertised tax levies (real estate $0.39 per $100; personal property $4.50): Motion carried; roll-call votes recorded on the record included at least four affirmative votes and two negative votes on the real estate levy as stated above. - Approve FY26 Prince Edward County School budget: Motion carried; affirmative votes recorded from supervisors present. - Adopt FY26 Prince Edward County budget (total $127,692,750): Motion carried; affirmative votes recorded from supervisors present.

The board set a public hearing schedule and moved on to other agenda items, including authorization of a public hearing on a draft ordinance related to a state-funded one-time bonus for certain employees.