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State rules for taxpayer in Busch Gardens appeal lead to multi‑million‑dollar refund and reassessment; county paid $2.9M after offsets

James City County Board of Supervisors · January 28, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County staff told the board a taxpayer appeal led the State Tax Commissioner to reclassify assets held by Busch Gardens from business tangible personal property to real estate for some years; initial abatement and interest were about $15.1 million, offset by $12.4 million in real estate tax assessed after reclassification, leaving approximately $2.9 million paid in December 2025.

County officials briefed the board on a multi‑year tax classification appeal involving Busch Gardens that required significant refunding and reassessment.

Commissioner of the Revenue Bradshaw summarized the appeal: a taxpayer petition beginning in early 2021 sought to recategorize much of its property from business tangible personal property (BTPP) to real estate for tax years covering calendar years 2017–2020.…

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