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Rockbridge supervisors agree to advertise FY2026 budget with up to 3¢ real‑estate tax increase for capital; public hearing set
Summary
Board voted to advertise the FY2026 budget and combined CIP with a proposed 3¢ increase to the real‑estate tax (from 61¢ to 64¢) dedicated to capital, and set the public hearing for April 28. Supervisors debated revenues, reserves and whether recurring capital items (buses, vehicles) should be handled differently.
The Rockbridge County Board of Supervisors voted on April 14 to advertise the proposed FY2026 budget and the combined 2026–2030 capital improvement plan with a proposed 3‑cent increase to the real‑estate tax rate, to be dedicated to capital projects. The board set a public hearing for April 28 on the advertised budget.
County finance staff summarized changes since the March 31 draft and said the finance committee’s revised draft is balanced after updating revenue assumptions. County staff reported the current real property tax rate of 61¢ per $100 of assessed value and said a 3¢ increase would raise an estimated $979,914…
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