Higher Tax Rate Affecting Data Centers Considered By PWC Supervisors: Report

PRINCE WILLIAM COUNTY, VA — A higher tax on data center and other business equipment is being considered by Prince William County supervisors. At the same time, higher rates for the real estate tax and vehicle personal property tax were ruled out.

Inside NOVA reported the Board of County Supervisors' March 4 action on the advertised tax rates. The advertised tax rates are not final but are the maximum rates that can be considered. Lower rates than the advertised rates could still be adopted.

According to the report, the board is advertising a maximum $4.15 per $100 of assessed value for the computers and peripherals personal property tax, which affects data centers and other businesses alike. In the last budget, the board increased the computers and peripherals rate from $2.15 to $3.70 per $100 of assessed value.

Meanwhile, the advertised real estate tax rate is $0.92 per $100 of assessed value, the same as the last budget. However, increased assessment values mean the average residential tax bill would jump by $276, totaling $5,165 annually.

See the full report from Inside NOVA.

SEE ALSO: Same Tax Rates, Employee Pay Increases In New Prince William County Budget Proposal