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Roanoke County staff presents 2026 effective real estate tax rate; public hearing held with no speakers; consent agenda approved and board enters closed session
Summary
Budget staff told the board assessments (excluding new construction) rose 6.08%, calculating an effective tax rate of 97.1' per $100 of assessed value (99.6' after a 2.68% inflation adjustment); the advertised public hearing drew no commenters, the consent agenda of five items was approved by roll call, and the board recessed to closed session to discuss prospective business and public property disposition.
Stevie Elliott, Roanoke County budget administrator, presented the county's required calculation for the 2026 real estate effective tax rate at the March 10 Board of Supervisors meeting.
Elliott said the county's real property assessments (excluding new construction) increased 6.08% over the prior year, triggering the statutory requirement to calculate and advertise an effective tax rate under the Code of Virginia. She reported an effective tax rate of 97.1 cents per $100 of assessed value; when adjusted for inflation at 2.68%, the illustrative rate would be 99.6 cents per $100. Elliott told the board the required advertisement was published on February 7 and February 10 in local papers to meet notice requirements.
The board opened the public hearing on the effective tax rate. No speakers had signed up to comment; the chair closed the hearing after confirming there were no registered participants.
Later in the meeting the board considered the consent agenda (five routine items). Supervisor Mahoney moved to approve the consent agenda; the motion was seconded and, after a roll-call vote, the items were adopted with the members present voting yes.
The board then voted to recess to a closed session under Virginia Code ''1.2-3711(a)(5) to discuss prospective business location or expansion where no announcement has been made and ''1.2-3711(a)(3) to consider disposition of publicly held real property where public discussion would harm the county's bargaining position. The motion to enter closed session was seconded and approved by roll call; the board recessed to the fourth floor for the closed session.
