Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Board weighs moving property reassessments to every two years; staff estimates $450k–$600k annual cost
Summary
Staff told supervisors that shifting Montgomery County from a four-year to a two-year reassessment cycle could improve uniformity of assessed values; staff estimated establishing an in-house operation would cost about $450,000–$600,000 annually (with one-time startup costs above $1 million) and said a public hearing is scheduled for the next meeting with a potential effective date of Jan. 1, 2030 if adopted.
The Montgomery County Board of Supervisors on Jan. 12 held a work session on changing property tax reassessment frequency and whether to perform reassessments in-house. County staff presented comparative information from Roanoke and Orange counties and estimated Montgomery could operate an in-house reassessment program for roughly $450,000 to $600,000 per year, depending on whether some positions in the commissioner’s office are reclassified or remain in place.
Terry, who led the presentation, said Montgomery County currently conducts reassessments on a…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
