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Hanover County EDA urges supervisors to keep data center tax rate unchanged
Summary
At its June 10 meeting the Hanover County Economic Development Authority asked members to urge the Board of Supervisors to maintain the current Data Center Tax Rate, saying an increase could deter prospective data center development.
Chairman Trey Hayden told the Economic Development Authority on June 10 that the Board of Supervisors will consider the Data Center Tax Rate at their June meeting and asked members to contact supervisors about the issue. "Urge them to keep the rate at its current level," he said, warning that a rate increase could affect prospective data center development in Hanover County.
Hayden framed the request as a preventative step to preserve competitiveness for data center investment. The Authority did not take a formal vote on a position; the chair asked members to reach out individually to their supervisors. The Board of Supervisors' consideration is scheduled for June (date not specified in the transcript); the EDA noted concern that higher local rates could influence developers' site decisions.
