Louisa County board adopts FY2026–27 tax levy, cuts personal-property tax rate 15%

Louisa County adopted a resolution setting the county’s fiscal 2026–27 tax levy and approved a 15% cut to the personal-property tax rate, lowering it from $2.43 to $2.07 per $100 of assessed value, officials said. The motion to replace a proposed rebate with a permanent rate reduction was moved by Supervisor Mister Williams and passed unanimously.

The action leaves the real-estate tax rate at 72¢ per $100 and retains the business-property rate at $1.90; other rates were unchanged. Miss Govan noted the county had advertised the budget public hearing as required.

Supervisor Mister Williams argued the rate change is more durable than a one-time rebate. “A rebate is something that does not necessarily carry through from year to year,” he said. “The rate change does unless the board takes action to raise it back up.” He also pointed to the county’s efforts to attract data centers as part of the rationale for shifting tax policy.

The chair expanded on that theme, saying commercial investment can help shift the tax burden away from residential homeowners and personal-property taxpayers. “I will never support a real estate tax reduction because we cannot separate residents from commercial,” the chair said, adding the board hopes new revenue from investment could later be paired with targeted real-estate rebates for residents.

The motion was seconded (the second was not named in the transcript) and the board voted “aye”; the motion passed unanimously. The resolution establishes the rates for FY 2026–27 and follows the county’s advertised public hearing process for the budget.