Prince George supervisors authorize advertising 82¢ real-estate tax rate, set April public hearings

Prince George County supervisors at a March 13 budget work session voted to advertise an effective real-estate tax rate of 82¢ per $100 of assessed value and to advertise all county tax rates, with public hearings set for April 22 and a separate budget hearing scheduled for May 13.

The action allows the county to hold the required public hearing on an “effective tax increase” tied to higher reassessed values. Ms. Drury, county budget staff, told the board the reassessment produced roughly $502,700,000 in growth — “about 12.5%” — and that the equalization rate had been reduced by 9¢ to 73¢, increasing the effective tax burden by about 12.3%. She said the value of a penny for fiscal 2026 is $420,000, up from $372,000 this fiscal year.

Those reassessment figures and the decision not to equalize were the central justification the county used to seek authorization to advertise. Ms. Drury said the introduced FY 2026 budget holds the real-estate tax rate at 82¢ to address priorities that include a $1.2 million increase to the public school system’s operating and…