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Staff cites solar revenue, reassessment gains and growing elderly/veteran tax relief when explaining budget

Surry County Board of Supervisors · April 10, 2025
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Summary

Staff highlighted cumulative solar-farm revenue (~$1.9M since 2019, with $552,000 included in the current real-estate tax figures), explained reassessment-related public-service assessment gains and noted that elderly/veteran tax relief is projected at about $225,000 in 2025 (up from roughly $121,000 in 2021).

During the budget presentation, Rollins pointed to several items that have supported recent revenues: solar-farm payments, reassessment-related public-service assessments and changes in personal-property timing.

"From 2019 to 2025, cumulative, about $1,900,000 has been realized," Rollins said of solar-farm revenues, and she added that about $552,000 of the current real-estate-tax numbers stem from two solar operations, roughly 5.9% of the particular real-estate revenue figure she cited. Rollins also noted that combined tax relief for the elderly and disabled veterans is expected to be about $225,000 in 2025, nearly double the roughly $121,000 level in 2021, which reduces the county’s taxable base.

She emphasized that some revenue increases are one-time or tied to timing decisions (such as moving personal-property billing) and urged the board to use one-time revenues for one-time expenditures.