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Manassas Park staff recommends keeping annual property assessments; council agrees
Summary
After reviewing options to move property assessments to two‑ or four‑year intervals, staff recommended retaining annual assessments and instead studying tax‑relief limits in the next budget cycle; the council indicated support for keeping the current annual schedule.
City staff presented an analysis to the council on Nov. 18 examining whether Manassas Park should change property‑assessment intervals from annual to two‑ or four‑year cycles, an option available to some smaller Virginia jurisdictions.
Staff outlined tradeoffs: multi‑year intervals could reduce some ongoing administrative work but risk locking in values during market booms or busts; staff also reported that jurisdictions using four‑year cycles…
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