School capital sales tax referendum
Nelson CountyVirginia- Detected
- Jul 14, 2026
- 111 days ago
- Sector
- School Taxes
- Est. value
- Free account
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THE 30-SECOND BRIEF
Nelson County is initiating a voter referendum to add an optional 1% local sales and use tax dedicated solely to school construction and major renovations. Davenport estimates this could generate about $1.9 million annually and support $24–26 million in school capital borrowing over roughly 20 years.
If voters approve the November 3, 2026 question, the Board will later adopt an ordinance and structure long‑term financing for major school projects. This creates upcoming needs for school facility planning, architectural design, bond and financial advisory, and owner’s rep services tied to future capital work at aging elementary, middle, and high school facilities.
Tax revenues must be segregated in a special fund and used only for new school construction or major renovations plus related debt costs; they cannot pay existing school debt. Voters decide in November 2026 whether to authorize the tax.
From the meeting
- Meeting date
- July 14, 2026
- Agency
- Nelson County
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