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Nelson County preliminary reassessment shows 26.6% rise in property values; staff outlines tax-rate options
Summary
County staff told supervisors the preliminary 2026 reassessment increased total real property values by about $1.063 billion (26.6%), raising adjusted taxable values by $1.022 billion (31.5%), and said an 'equalizing' tax rate of roughly $0.495 would keep revenue near 2025 levels.
County staff on Jan. 13 told the Nelson County Board of Supervisors that preliminary results from the 2026 real property reassessment show an overall increase in assessed values of roughly $1,063,361,200 — a 26.6% rise from 2025 — and an adjusted taxable-value increase of about $1,022,402,100 (a 31.5% change).
County Administrator Candice W. McGarry, presenting the assessor’s hearing results, said the taxable values after…
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