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Board authorizes public hearing to advertise $3 per $100 tax rate on data‑center equipment
Summary
The board voted to authorize advertisement of a June 24 public hearing on a proposed FY2026 tax rate of $3.00 per $100 assessed value for data‑center equipment; the advertised rate sets the maximum the board may later adopt.
The Hanover County Board of Supervisors voted April 22 to authorize advertisement of a public hearing on June 24 to consider a proposed 2026 tax rate of $3.00 per $100 of assessed value for data‑center equipment. Vice Chair Stoneman moved the action and the motion was seconded and approved by voice vote.
Deputy County Administrator Jay Brown briefed the board on regional comparisons, noting that rates vary widely across the Commonwealth and that the advertised rate operates as the maximum the board may adopt. "You should have received the information, a brief analysis of regional comparisons on data center tax rates," Brown said. The board's advertisement obliges a public hearing but does not finalize a rate; members may vote to set a lower rate at adoption.
