CHARLOTTESVILLE, VA – In their annual review of property within the City of Charlottesville, the City Assessor’s Office released figures that show the total value of taxable property including the value of new construction increased by 4.5%. The City has 13,190 taxable residential parcels and 1,669 commercial parcels.
Here are some details of this year’s figures:
Charlottesville Commissioner of Revenue, Todd Divers, reminds residents that there are existing programs that can help residents who are in need of financial assistance. Residents are encouraged to apply for the City’s Real Estate Tax Relief Program. Anyone 65 years of age and older with an annual income of $50,000 or less and a net worth of $125,000 or less, excluding their home and ten acres of land, may qualify for the program. Persons under 65 years of age who are permanently and totally disabled may also quality. Last year, this program aided 406 households with an average tax relief of $1,210. Applicants have until March 1, 2016 to apply for the Real Estate Tax Relief Program.
If the program is reauthorized by City Council, applications for the Charlottesville Housing and Affordability Program will be mailed in early July 2016 and applicants will have until September 1, 2016 to file. Last year 457 applicants received $375 and 368 applicants received a $525 grant to assist with their Real Property taxes. Please contact the Charlottesville Commissioner of Revenue’s Office at 434-970-3170 for assistance, or visit www.charlottesville.org/COR.
Property owners who have not received a notice by February 6th or have questions, are encouraged to call the Assessor’s Office. Property owners wishing to discuss their assessments for 2016 must do on or before February 29, 2016 to be eligible for a review for 2016. The Assessor’s office is located on the third floor (Room 320) of City Hall, and the business hours are from 8 AM to 5 PM. The telephone number is (434) 970-3136. The assessments are accessible on the City’s website at gisweb.Charlottesville.org. Appeal forms are on line at www.charlottesville.org/AssessmentAppealProcess, both libraries, and the Assessor’s Office.