The Pittsylvania County Board of Supervisors approved a real estate tax rate of $.56 per $100 of assessed value, 100% market value for Fiscal 2026 at its February 18, 2025, business meeting.

This represents no change from the current fiscal year, which ends June 30, 2025.

At this rate, a property owner whose house is valued at $200,000 would pay $1,120 a year in real estate taxes.

There was also no change made to the following tax rates for Fiscal 2026:

• Mobile Homes and Barns: $.56 per $100 of assessed value, 100% market value
• Machinery and Tools: $ 4.50 per $100 of assessed value at 10% of original cost
• Contract Carrier: $4.50 per $100 of assessed value at fair market value
• Personal Property: $9.00 per $100 of assessed value, 30% of market value

How personal property tax relief is calculated:

In accordance with the requirements set forth in Section 58.1-3524 (C) (2) and Section 58.1-3912 (E) of the Code of Virginia, as amended by Chapter 1 of the Acts of Assembly (2004 Special Session 1) and as set forth in Item 503.E (Personal Property Tax Relief Program) of Chapter 951 of the 2005 Acts of Assembly any qualifying vehicles used within the county commencing January 1, 2025, shall receive personal property tax relief in the following manner:

▪ Personal use vehicles valued at $1,000 or less will be eligible for 100% tax relief;
▪ Personal use vehicles valued at $1,001 to $20,000 will be eligible for % tax relief (to be determined when current vehicle values are received);
▪ Personal use vehicles valued at $20,001 or more shall only receive % tax relief (to be determined when current vehicle values are received) on the first $20,000 of value; and
▪ All other vehicles which do not meet the definition of “qualifying” (business use vehicles, farm use vehicles, motor home, etc.) will not be eligible for any of tax relief under this program.

Also remaining unchanged for Fiscal 2026:

• Generating Equipment: $.56 per $100 of assessed value, 100% of market value
• Capital Merchant Tax: Tier 1 $ 2.75 per $100 of assessed value, 30% of inventory value from $1 to $1,000,000
• Tier 2 $2.75 per $100 of assessed value, 10% of inventory value from $1,000,001 to $5,000,000
• Tier 3 $2.75 per $100 of assessed value, 5% of inventory value from $5,000,001 to unlimited
• Consumer Utility Tax: 20% of the first $15.00 monthly for residential users and 20% of the first $100 monthly for commercial or industrial users, except as required for Gas and Electricity, as defined by Chapter 6 Section 13 of the Pittsylvania County Code 1975 as amended