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Loudoun updates personal‑property assessment schedules; data‑center equipment and heavy trucks most affected
Summary
Commissioner of the revenue and outside consultants on Nov. 6 presented a benchmark study recommending updates to Loudoun County’s personal‑property assessment schedules, including new valuation guides for some vehicle classes and longer depreciation schedules for heavy equipment and data‑center equipment, effective Jan. 1, 2026.
The Loudoun County commissioner of the revenue told the Board of Supervisors on Nov. 6 that a consultant review of assessment schedules warrants updates to how the county values business personal property and certain other personal‑property classes.
Commissioner Wirtz and consultant Randy Bauer described a benchmark study of Northern Virginia and other Virginia jurisdictions and recommended methodology changes that will take effect Jan. 1, 2026, and appear on the first half personal‑property bill due in May 2026. Key changes include: lengthening the recovery schedule for data‑center computer equipment from five to six years (with a higher initial assessment percentage and a lower…
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