TAZEWELL CO BD OF SUPERVISORS
Details for TAZEWELL CO BD OF SUPERVISORS
Updated
Tazewell County, VA
Proposed Budget Summary - FY2026-2027
NOTICE
Pursuant to provisions of Title 15.2 Section 2506 of the Code of Virginia, as amended, the Tazewell County Board of Supervisors
has ordered the publication of the following budgetary synopsis for the fiscal year ending June 30, 2027. It should be noted that
the revenue and expenditure estimates contained herein are tentative and are calculated for financial planning purposes. Tentative
adoption of the budget outlined below will not necessarily constitute an appropriation of the governing body.
REVENUE PROJECTIONS
Original Budget
FY25-26
GENERAL FUND REVENUES:
BEGINNING FUND BALANCE
Revenue from Local Sources:
Real Property Tax
Public Services Taxes, RE & PP
Personal Property Tax
Vehicle Decal/License Tax
Mobile Home Tax
Machinery & Tools Tax
Merchants Capital Tax
Delinquent Tax
Penalties & Interest
TOTAL GENERAL PROPERTY TAXES
Other Locally Generated Revenue:
Local Sales & Use Tax
Junk Dealer License
Utility Tax
Consumer Utility Tax
Bank Franchise Tax
Records & Wills Tax
Cigarette Tax
Permits Fees & Licenses
Meals Tax
Fines
Revenue from Use of Money & Property
Court Costs/Fees
Expenditure Refunds & Miscellaneous
Recovered Costs
Coal/Gas Severance Tax
Coal Severance Maintenance Fee
TOTAL LOCALLY GENERATED TAXES
Revenue from the Commonwealth:
Non-Categorical Aid
Shared Expenses
Department of Social Services Assistance
Other Categorical Aid
TOTAL REVENUE FROM THE COMMONWEALTH
Revenue From the Federal Government:
Payment in Lieu of Taxes
Other Federal Revenues
TOTAL REVENUE FROM THE FEDERAL GOVERNMENT
Non-Revenue Receipts:
Non-Departmental
Transfers from Other Funds
TOTAL TRANSFERS
TOTAL GENERAL FUND REVENUE
RESERVE FUND REVENUES:
BEGINNING FUND BALANCE
Transfers In
TOTAL RESERVE FUND REVENUES
COAL SEVERANCE FUND REVENUES:
BEGINNING FUND BALANCE
Coal Severance Tax
Miscellaneous Receipts
TOTAL COAL SEVERANCE FUND REVENUE
COAL ROAD ECONOMIC DEV FUND REVENUES:
BEGINNING FUND BALANCE
Coal Road Economic Tax
TOTAL REVENUE COAL ROAD ECONOMIC DEV FUND
LAW LIBRARY FUND:
BEGINNING FUND BALANCE
Law Library Receipts
TOTAL LAW LIBRARY FUND REVENUE
SCHOOL GENERAL OPERATING FUND:
BEGINNING FUND BALANCE
Charges for Services & Other Local Revenues
Revenue from State Government
Revenue from Federal Government
Transfers from General Fund
TOTAL SCHOOL FUNDS REVENUE
SCHOOL CAFETERIA FUND:
BEGINNING FUND BALANCE
Cafeteria Sales
Miscellaneous Receipts
Revenue from State Government
Revenue from Federal Government
Transfers from School General Operating Fund
TOTAL SCHOOL FUNDS REVENUE
SCHOOL TEXTBOOK FUND:
BEGINNING FUND BALANCE
Revenue from State Government
TOTAL SCHOOL FUNDS REVENUE
SCHOOL FACILITIES FUND:
BEGINNING FUND BALANCE
Revenue All Types
TOTAL SCHOOL FUNDS REVENUE
CAPITAL PROJECTS FUND:
BEGINNING FUND BALANCE
Springville Fire Station Grant
Shott Foundation Grant - Fire Station
ARC Grant - Fire Station
Communications Grant - Radios
Proposed Budget
FY26-27
Difference
Inc+/(Dec-)
$
6,500,000 $
5,000,000 $
{1,500,000)
$
17,435,261 $
1,812,544
9,847,127
450,000
172,020
1,509,238
859,831
1,000,000
525,000
33,611,021 $
17,522,076 $
1,751,231
10,334,089
480,000
150,312
1,310,023
872,317
1,200,000
550,000
34,170,048 $
86,815
(61,313)
486,962
30,000
(21,708)
(199,215)
12,486
200,000
25,000
559,027
6,550,000 $
1,100
20,000
810,000
130,000
210,000
310,000
408,425
940,000
100,000
780,548
836,572
1,000,000
1,152,969
1,685,000
27,500
14,962,114 $
6,600,000 $
1,100
10,000
810,000
145,000
250,000
325,000
395,925
750,000
110,000
807,434
401,500
1,050,000
1,420,000
1,985,000
31,500
15,092,459 $
50,000
(10,000)
15,000
40,000
15,000
(12,500)
(190,000)
10,000
26,886
(435,072)
50,000
267,031
300,000
4,000
130,345
255,500 $
5,316,744
10,142,979
5,440,395
21,155,618 $
279,500 $
5,427,020
10,142,979
6,202,277
22,051,776 $
24,000
110,276
761,882
896,158
35,800 $
1,000,000
1,035,800 $
35,800 $
35,800 $
(1,000,000)
{1,000,000)
1,105,000 $
1,105,000 $
71,869,553 $
1,205,000 $
1,205,000 $
72,555,083 $
100,000
100,000
685,530
8,056,416 $
700,000
700,000 $
8,756,416 $
- $
700,000
(700,000)
(700,000)
3,000,000 $
1,140,000
1,140,000 $
3,000,000 $
1,140,000
1,140,000 $
-
25,000 $
500,000
500,000 $
55,000 $
500,000
500,000 $
30,000
-
- $
8,500
8,500 $
4,200 $
10,000
10,000 $
4,200
1,500
1,500
1,808,180 $
2,232,253
57,653,914
4,760,335
15,637,897
80,284,399 $
383,082 $
1,645,910
58,191,955
16,962,792
18,104,134
94,904,791 $
(1,425,098)
(586,343)
538,041
12,202,457
2,466,237
14,620,392
438,185 $
93,467 $
28,460
125,115
2,237,299
1,016,923
3,501,264 $
556,715 $
95,000
30,000
76,055
2,260,317
1,037,262
3,498,634 $
118,530
1,533
1,540
(49,060)
23,018
20,339
(2,630)
2,721,102 $
570,471
570,471 $
3,291,573 $
553,690
553,690 $
570,471
(16,781)
(16,781)
5,869,667 $
- $
4,350,567 $
- $
(1,519,100)
-
566,043 $
617,000
3,758,500
819,219 $
617,000
854,154
253,176
(2,904,346)
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Leachate Tank Loan Proceeds
Springville Firestation Loan Proceeds
CDBG - ARC Project Jonah
Cannery Grant
Cavitt’s Creek Cabins Grant
Cavitt’s Creek Beach Project
DCR • FP Debris Project
DCR • FP Town of Bluefield
DCR • FP Bottom Rd.
DCR • FP Richlands Elementary School
DHCD • Bandy Flood Relief Grant
DHCD • Generator Grant• PSA
PSA Manhole Replacement Grant
VDEM Grant· Flood February 2025
Raven Flood Study Grant
DOT• Safe Streets for All Grant
USDOT Safer Streets Grant
Transfer from General Fund
Transfer from Coal Severance Fund
TOTAL CAPITAL PROJECTS FUND REVENUE
OPIOID SETTLEMENT FUND:
BEGINNING FUND BALANCE:
OPIOID Settlement Revenues
TOTAL OPIOID SETTLEMENT FUND REVENUE
LANDFILL ENTERPRISE FUND:
BEGINNING FUND BALANCE
lnd./Comm & Private Haulers
Municipality Revenue
Interest on Landfill Bond Proceeds
DHCD Leachate Tank Grant
Bond Proceeds • Phase V
Bond Proceeds • Landfill Projects
Transfer from General Fund
Miscellaneous Income
TOTAL LANDFILL ENTERPRISE FUND REVENUE
TOTAL BEGINNING BALANCE ALL FUNDS
TOTAL REVENUE ALL FUNDS {Less Interfund Transfers)
$
$
$
$
$
$
$
$
1,500,000 $
1,500,000
1,000,000
250,000
200,000
100,000
257,115
196,874
163,416
885,858
500,000
1,500,000
371,524
1,106,534
328,951
14,235,772 $
- $
1,000,000
100,000
245,542
104,928
85,190
600,972
572,000
500,000
391,000
74,548
1,250,000
214,966
532,498
7,142,798 $
(1,500,000)
(500,000)
(1,000,000)
(250,000)
(100,000)
(100,000)
(11,573)
(91,946)
(78,226)
(284,886)
72,000
500,000
(1,500,000)
391,000
(296,976)
1,250,000
(891,568)
203,547
(7,092,974)
1,133,322 $
210,107
210,107 $
1,400,000 $
336,302
336,302 $
266,678
126,195
126,195
2,652,000
454,000
400,000
5,414,000
6,268,000
32,769,915
156,100,683
$
2,195,000
564,000
400,000
25,000
2,500,000
300,000
3,000,000
4,470,000
25,000
11,284,000
29,811,772
168,603,700
$
$
$
$
$
$
$
(457,000)
110,000
25,000
2,500,000
300,000
3,000,000
(944,000)
25,000
5,016,000
(2,958,143)
12,503,017
EXPENDITURE SUMMARY
Proposed Budget
FY25-26
GENERAL FUND EXPENDITURES:
Administration
Judicial
Public Safety
Public Works
Health & Welfare
Parks, Recreation and Cultural
Community Development
Non-Departmental
Transfer to Landfill Fund
Transfer to School Fund
Transfer to Comprehensive Services Fund
Transfer to Capital Projects Fund
TOTAL GENERAL FUND EXPENDITURES
TOTAL RESERVE FUND EXPENDITURES
TOTAL COAL SEVERANCE FUND EXPENDITURES
TOTAL REV COAL ROAD ECON DEV FUND
EXPENDITURES
TOTAL LAW LIBRARY FUND EXPENDITURES
TOTAL SCHOOL FUNDS EXPENDITURES
TOTAL CAPITAL PROJECTS FUND EXPENDITURES
TOTAL OPIOID SETTLEMENT FUND EXPENDITURES
TOTAL LANDFILL ENTERPRISE FUND EXPENDITURES
TOTAL EXPENDITURES ALL FUNDS
(Less lnterfund Transfers
TOTAL ENDING FUND BALANCE
$
$
5,865,149 $
3,496,544
20,697,311
2,202,542
829,986
1,700,770
984,694
17,863,052
5,414,000
15,637,897
2,500,000
1,106,534
78,298,479 $
6,126,348 $
3,837,229
21,410,997
2,136,225
832,998
1,735,182
816,645
15,811,960
4,470,000
18,104,134
2,000,000
214,966
77,496,684 $
261,199
340,685
713,686
(66,317)
3,012
34,412
(168,049)
(2,051,092)
(944,000)
2,466,237
(500,000)
(891,568)
(801,795)
$
$
$
- $
1,149,880 $
507,000 $
- $
1,392,498 $
475,000 $
242,618
(32,000)
$
$
$
$
$
8,500
95,193,268
14,791,136
1,096,000
8,919,205
$
$
Cable Franchise Tax
Utility Consumer Tax
E-911 Tax (Per Month Per Service Connection)
Consumer Electric/Utility Tax (Per Month)
Transient Occupancy Tax
Aircraft Tax (Per $100 of assessed value)
Cigarette Tax (Per Pack)
Meals Tax
$
$
$
$
$
5,700
12,345,784
(6,845,162)
32,000
4,503,749
176,776,086 $
186,092,764 $
9,316,678
12,094,512 $
12,322,708 $
228,196
Current Rate
FY2025-2026
PROPERTY TAX RATES FOR FY 2026-2027:
Personal Property/Machinery & Tools
(Per $100 of assessed value)
Real Estate/Mobile Home/Public Serv
(Per $100 of assessed value)
Motor Vehicle License Fee (Per Vehicle)
Merchants Capital Tax (Per $100 of assessed value)
Difference
Inc+/(Dec-)
Proposed Budget
FY26-27
$
$
$
$
$
14,200
107,539,052
7,945,974
1,128,000
13,422,954
Proposed Rate
FY2026-2027
Inc+/(Dec-)
$
2.00 $
2.00 $
-
$
0.58 $
0.58 $
-
$
$
20.00 $
20.00
4.30 $
4.30
5% of Gross
5% of Gross Receipts
Receipts
1/2 of 1% Gross
1/2 of 1% Gross
Receipts
Receipts
$
1.50 $
1.50
Residential Residential - $1.50
$1.50 Min/
Min/
$3.00 Max
$3.00 Max
Commercial Commercial $1.50 Min / $90.00
$1.50 Min/ $90.00
Max
Max
5%
5%
$
0.50 $
0.50
$
0.25 $
0.25
4.7%
4.7%
$
$
-
$
-
$
-
$
-
$
-
$
$
0%
0.0%
PUBLIC HEARING: A public hearing will be held on the proposed budget at 7:00 p.m., Tuesday, June 2, 2026 at the Tazewell
County Administration Building, 197 Main St., Tazewell, Virginia. Complete copies of the budget are
available for public inspection at the County Administration Building, 197 Main St.,Tazewell, Virginia and online at
www.tazewellcountyva.org (1. Departments, 2. Budget & Finance, 3. Budget Information, 4. FY27 Proposed Budget) In
accordance with the Americans with Disabilities Act, if you are physically disabled, visually, or hearing impaired and need
assistance at the hearing, please call 276-385-1322 or email stephanie.russell@tazewellcounty.org
BY: C. Eric Young, County Administrator
TAZEWELL COUNTY TAX EXEMPT INFORMATION: Year ending December 31, 2025, Tazewell County has a fair market
real estate value of $3,996,377,400. Of that value, $601,619,100 (15.05%) is tax exempt and immune from real estate taxation
because the properties are classified as governmental, religious, charitable, and/or educational. The property is exempted from
taxation under 58.1-3608 and Articles 3, 4 and 5 of this Title of the Code of Virginia.
