Property Tax Experts
Copyright © 2007 LowTaxRate.com
For taxpayers who may be experiencing difficulty in paying their property taxes,
there may be help.  Most cities in the United States have Property Tax Poverty
Exemption Policy and Guidelines. You may be eligible to waive your annual property
tax for one year read more
Real estate is taxed at the local level based on 100 percent of fair
market value. Effective true tax rates on real estate vary and are
set by locality.
Tangible personal property also is taxed at the local level and is
based on a percentage or percentages of original cost.
Tangible personal property includes, but is not limited to,
machinery and equipment, furniture, fixtures and trucks and
automobiles. Residents must file Form 762, Return of Tangible
Personal Property, Machinery and Tools, and Merchants' Capital,
by May 1.

Once the assessments are mailed, you as a property have 30 days to
appeal the assessment, either by calling or visiting the Real Estate
Assessor's Office in City Hall. You may speak to an appraiser, review the
data used in computing the assessment and, if necessary, schedule an
inspection of the property.

After this, should a dispute still exist, you may appeal to the Board of
Equalization and fill out Board of Equalization Appeals Form. The three
person board, appointed by the Circuit Court, is composed of City property
owners. The board may affirm, reduce or raise the assessment, if in their
opinion such adjustments are necessary to equalize the tax burden upon all
citizens in the City.


If you are dissatisfied with the Board's decision, you may appeal to the
Circuit Court.

Real estate assessments, which are made each year by the Assessor's
Office, are effective January 1 of the year and are at 100 percent of fair
market value.

As defined in the Commonwealth of Virginia, fair market value is "the price a
property will bring when it is offered for sale by one who desires, but is not
obliged, to sell it and is bought by one who is under no necessity of having
it."
Virgina Property Tax Home Page
State Ranking
30th

Accomack County Albemarle County Alleghany County Amelia County Amherst County Appomattox County Arlington County Augusta County Bath County Bedford County Bland County Botetourt County Brunswick County Buchanan County Buckingham County Campbell County Caroline County Carroll County Charles City County Charlotte County Chesterfield County Clarke County Craig County Culpeper County Cumberland County Dickenson County Dinwiddie County Essex County Fairfax County Fauquier County Floyd County Fluvanna County Franklin County Frederick County Giles County Gloucester County Goochland County Grayson County Greene County Greensville County Halifax County Hanover County Henrico County Henry County Highland County Isle of Wight County James City County King and Queen County King George County King William County Lancaster County Lee County Loudoun County Louisa County Lunenburg County Madison County Mathews County Mecklenburg County Middlesex County Montgomery County Nelson County New Kent County Northampton County Northumberland County Nottoway County Orange County Page County Patrick County Pittsylvania County Powhatan County Prince Edward County Prince George County Prince William County Pulaski County Rappahannock County Richmond County Roanoke County Rockbridge County Rockingham County Russell County Scott County Shenandoah County Smyth County Southampton County Spotsylvania County Stafford County Surry County Sussex County Tazewell County Warren County Washington County Westmoreland County Wise County Wythe County York County