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Welcome to the Albemarle County Tax Relief Program for the Elderly & Disabled

 

 

The County of Albemarle offers Real Estate Tax Relief to taxpayers 65 years of age or Older or taxpayers determined to be permanently and totally disabled as of December 31, 2008.

 

The amount of relief is determined by calculating an applicants total income and net worth.  Based on that calculation applicants may qualify for 20% to 100% relief of their real estate tax liability.  The 2009 maximum income limit is $69,452 and net worth cap is $200,000. 

 

The following example illustrates how the program works:

 

  Assessed value of home                                 $300,000

  Real Estate tax rate                                        $.68/$100

  Tax liability  $300,000/$100*$.68 =              $2,040.00/annual
  If qualified for 100% relief taxpayer receives   $2,040.00 abatement

  If qualified for 50% relief taxpayer receives     $1,020.00 abatement

 

Albemarle County is pleased to offer this program and welcomes your participation.  Included below is information on how to apply.  Please call our office at (434) 296-5851, extension 3442 or extension 3120 if you have any questions or need assistance in completing your application.

CLICK HERE TO DOWNLOAD AN APPLICATION

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