The annual process of setting levy rates for the upcoming fiscal year occurred as policy-making bodies from counties, municipalities, and boards of education convened. For the fiscal year 2026, levy rates in Monongalia County will largely remain unchanged. Residents living within a municipality will pay 95.26 cents per $100 of assessed value on Class II properties, and over $1.90 on commercial properties, calculated by combining rates from the county, municipalities, board of education, and excess levies. Those residing outside municipalities will face rates of 70.26 cents on Class II property and approximately $1.40 for commercial properties, excluding municipal rates.
The municipalities of Morgantown, Westover, Granville, Star City, and Blacksville will continue levying the maximum municipal rate allowed, which is 25 cents per $100 of Class II property and 50 cents per $100 of Class IV property. Class III and IV categorize commercial properties, with Class III outside and Class IV within municipalities. Similarly, the Monongalia County Board of Education maintains its levy rates at 38.80 cents per $100 on Class II and 77.60 cents per $100 on Class III and IV properties.
The Monongalia County Commission also retains its levy rates for the upcoming fiscal year, approving a rate of 22 cents per $100 on Class II and 44 cents for Classes III and IV. Despite a reduction in the county budget by $2.5 million, maintaining the same levy rate for the ninth consecutive year is notable. The decrease in anticipated revenue is attributed to a state-directed change in valuating Class III properties with oil and gas considerations, leading to an expected 18% reduction compared to the current fiscal year.
This valuation change will affect all levying bodies and the county’s excess levies. Nevertheless, Monongalia County continues to have one of the lowest base levy rates in West Virginia, second only to Tyler County. Updated data on county levy rates for FY 2026 will be accessible in the summer.
Over recent years, the number of counties reaching maximum allowable levy rates has varied, with a noticeable reduction from 38 counties in 2023 to 25 in the current fiscal year. The influence of COVID-related funds might impact future statistics. Monongalia County’s five excess levies amount to 9.46 cents (Class II) and 18.92 cents (Class III & IV), covering EMS, transit, parks and recreation, fire protection, and library services.
The Evolving Landscape
The decision to maintain stable levy rates impacts residents and businesses within Monongalia County directly. Property owners can anticipate consistent property tax expenses, aiding in personal financial planning and contributing to a predictable economic environment. Maintaining these rates amid changes in property valuations reflects an effort to balance community needs with fiscal responsibility.
For local government and public services, the stable rates ensure continued funding streams, although budgetary adjustments may be necessary due to anticipated revenue changes. The focus on maintaining low base rates positions Monongalia County competitively within the state, potentially impacting long-term development and investment interests in the region.
Overall, the decision to hold levy rates steady amid valuation changes underscores a commitment to fiscal stability and community support, which may influence public confidence and regional growth strategies.