One of the pivotal outcomes of the session was the passage of a higher $3.70 per $100 $100 of assessed value Computer and Peripheral (data center) tax, which garnered a 7-1 vote in favor. It’s the second hike in as many years for this tax, up from $1.80 in 2022. Supporters have called for the county’s burgeoning data center industry, set to overtake neighboring Loudoun County as the world’s epicenter for server farms that power the internet, to pay more.
Additionally, there was unanimous support, with an 8-0 vote for setting the real estate tax rate at 92 cents per $100 assessed value. This move aims to balance meeting the county’s financial needs and alleviating the tax burden on residents. The decision means that, for the first time in years, residents will see an average decrease in their real estate tax bills of about $240 instead of the typical increase.
