Board of Supervisors

Surry County Board of Supervisors · April 10, 2025

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Opening budget context: reassessment impact and teacher support

Presentation

0:00 → 1:13(1m 14s)

Rollins (budget presenter) reports a 97% sales assessment ratio and that $422,000 had to be removed because some properties' sales ratios were not 100%; she reminded the board that the group previously committed $340,000 additional funding to schools and that a 100% ratio would have avoided drawing on fund balance for that item.

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Surry County staff presented the proposed FY26 budget and CIP, outlining roughly $4.1 million in additional local revenue and proposing no change to the advertised real estate tax rate; the board set the personal property rate and left the real estate rate unchanged after a motion and voice vote. Public commenters urged postponement and relief over split personal-property billing and reassessment impacts.

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