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County administrator introduces FY 2026 budget; maintains current tax rates and proposes staff pay increases
Summary
County Administrator presented the FY26 introduced budget, proposing no change to the real estate and personal property tax rates, a $6.12 million rise in general fund revenues driven by reassessment values and new growth, and targeted increases for public safety, schools and employee compensation.
County Administrator Mr. Stokes introduced the Prince George County FY 2026 budget to the Board of Supervisors on March 11. The introduced budget uses 2025 reassessed property values and proposes holding the real-estate tax rate at $0.82 per $100 of assessed value and the personal property tax at $3.90.
Stokes said the introduced general fund revenues total $80,143,093, an increase of $6,120,122 (8.27%) over FY25. He told the board the revenue growth includes an estimated $4.2 million…
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