Editor’s Note: We sent out a copy that contained numerous typographical errors earlier, so we have sent out the correct version of today’s newsletter. Our apologies.
Your real estate taxes are likely to go up again next year, because home prices in the Historic Triangle continue to increase. But just how much your actual taxes increase will depend on your elected officials.
Every year there is a tense dance between taxpayers and government officials over what constitutes a tax increase on property.
James City County supervisors told angry voters at public hearings before approving the county’s 2026 budget that they have not increased taxes, because the county’s tax rate remained at 83 cents per $100 of assessed value. And that is true.
But it’s academic to taxpayers, who care about the size of the tax check they wrote this month. In James City County avera…