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Loudoun supervisors adopt FY2027 budget guidance, direct cigarette‑tax revenue to housing and allow option to lower vehicle tax
Summary
The Board of Supervisors approved budget guidance directing staff to prepare the FY2027 proposed budget using growth‑rate guidance, dedicate cigarette‑tax revenue to a housing fund for down‑payment and closing‑cost assistance, and accept an option to lower the vehicle tax to $3.00 for tax year 2027. The amended guidance passed after debate over growth assumptions and tax relief.
The Loudoun County Board of Supervisors voted on Jan. 6 to direct the county administrator to prepare the FY2027 proposed budget under guidance that uses a 9% county operating growth rate and an 8% growth rate for Loudoun County Public Schools, keeps the advertised real‑property rate at 80.5¢ per $100 of assessed value and sets a general personal property rate of $4.15 per $100. The board also adopted language directing that cigarette‑tax revenue be dedicated to the county housing fund for down‑payment and closing‑cost assistance and accepted a friendly amendment allowing staff to consider a reduction of the vehicle tax to $3.00 per $100 in tax year 2027.
Finance Chair Supervisor Briskman, who moved the recommendation from the Finance, Government, Operations and Economic…
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