Revenue committee outlines plan for future AWS revenues; board to survey residents on allocations and rebates

Louisa County—s revenue committee told the Board of Supervisors on Oct. 20 that it has modeled potential new revenues from projects including Amazon Web Services data centers and recommended the board adopt a plan to allocate future revenues by percentage rather than fixed dollars.

Deputy finance chair Colvin reported the committee—s work and said assumptions included up to 25 data centers and other large projects; the committee recommended developing allocation percentages in advance, considering options such as debt reduction, and soliciting public input via a county survey. Colvin said staff expects some revenue to begin in 2027, with substantial dollars arriving around 2030—1031.

Supervisors discussed a suggested allocation that would reserve a portion for tax rebates or reductions. One supervisor said feedback led the committee—s final draft to increase the recommended tax-rebate allocation from 5% to 13%, reflecting a majority view among some board members that residents should see benefits from economic development.

The committee will publish a survey to solicit resident priorities on how to spend potential future revenues; if the board agrees, staff said it could release the survey within weeks.

Ending Board members asked staff to proceed with the survey subject to no objections and indicated they expect to review survey results and return to allocations, debt-satisfaction options and potential tax-rebate strategies in future budget planning.