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Public hearing draws dozens complaining of steep assessment increases; board holds rate decision until April
Summary
At a March 17 public hearing, dozens of Louisa County residents urged the Board of Supervisors to lower the tax rate after the assessor’s office reported an 8.12% overall increase in assessed real property values excluding new construction. No board action was taken; the board will consider budget and tax-rate adoption in late April.
Dozens of Louisa County residents told the Board of Supervisors on March 17 that recent property assessment increases have raised household taxes beyond what many can afford, and several asked the board to lower the 72¢ per $100 tax rate to offset higher assessments.
The hearing followed a presentation by county staff and the assessor that outlined the reassessment process. "Our current year assessed value excluding new construction exceeded last year's total assessed value by 8.12%," the county finance director told the board, citing Code of Virginia section 58.1-3321, which permits the locality to lower the rate after a significant assessment increase but allows the board to maintain the current rate following a public hearing.
Assessor's…
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