by Larry Chowning –
During a Middlesex County Board of Supervisors budget work session Tuesday, February 4, county officials discussed having a real estate reassessment start this summer with new assessment values going into effect in the 2021-22 (FY22) budget year.
County administrator Matt Walker said the cost of hiring a firm to reassess county properties could cost as much as $200,000 “and maybe more.” The last reassessment five years ago cost the county $190,000, he noted.
Virginia Code requires Middlesex County to conduct a real estate reassessment at least once every six years, said Walker. If the board goes with the FY22, the last reassessment would have been five years ago.
There's more to this story...
Are you a subscriber? Log in
Many more news articles, photos and ads are available only to those who subscribe to our printed newspaper or our online e-Edition.
Pick up a copy or Subscribe today!
| e-Edition | Printed version |
For assistance, call 804-758-2328.
