ORDINANCE NO. 05-15(2)

 

AN ORDINANCE TO AMEND CHAPTER 15, TAXATION, ARTICLE X, REAL ESTATE IN GENERAL, OF THE CODE OF THE COUNTY OF ALBEMARLE, VIRGINIA

 

BE IT ORDAINED By the Board of Supervisors of the County of Albemarle, Virginia, that Chapter 15, Taxation, Article X, Real Estate - In General, is hereby amended and reordained as follows:

 

By Amending:

Sec. 15-1000          Biennial assessment of real estate.

Sec. 15-1002          Time limits for appeals of real estate assessments.

 

CHAPTER 15.  TAXATION

 

ARTICLE X.  REAL ESTATE - IN GENERAL

 

Sec. 15-1000 Biennial Annual assessment of real estate.

 

                A.            All real estate in the county shall be assessed biennially annually for purposes of taxation by the director of finance of the county as of January 1 of each year. odd year, and all taxes for each even year on such real estate shall be extended on the basis of the last assessment made prior to such year.

 

                B.            The office of real estate assessments of the county has conducted a new reassessment of all real property to be applicable on real estate for the tax year beginning January 1, 1977, and shall annually conduct a new reassessment of all real property biennially to be applicable for the tax year beginning January 1, 2007, and every tax year thereafter.  of every odd tax year thereafter.  The office of real estate assessment may complete such reassessment during an entire two year period, employing the same standards of value for all appraisals made during such period.

 

                C.            Beginning with the assessment effective on January 1, 1977, all All assessments of real estate in the county shall be made at one hundred percentum percent (100%) of fair market value. 

 

( 8-1.1, 11-3-76; Ord. of 2-5-92; Code 1988, 8-64; Ord. 98-A(1), 8-5-98)

 

                State law reference--Authority to impose tax generally, Constitution of Virginia, Article X, Section 4; Va. Code 58.1-3200 et seq.; Biennial reassessment methods, Va. Code 58.1-3253; amount of assessment, Constitution of Virginia, Article X, Section 2, Va. Code 58.1-3201.

 

Sec. 15-1002 Time limits for appeals of real estate assessments.

 

                A.            Pursuant to the provisions of Virginia Code 58.1-3330, all applications for appeals from any biennial annual assessment of real estate must be made by the property owner or lessee to the county assessor by the last business day of February of the year in which the assessment takes effect.  A property owner or lessee may also appeal any biennial annual assessment by making an application directly to the board of equalization by the last business day of March March 15 of the year in which the assessment takes effect, or if an appeal has been made to the county assessor within thirty (30) days from the date of the decision of the county assessor, denying an appeal for such assessment, whichever date is later.

 

                B.            Applications for appeals from any supplemental assessment or pro rata assessment for new construction assessed between January 1 and October 31 must be made by the property owner or lessee to the county assessor within fifteen (15) days of the date of the notice of the supplemental or pro rata assessment.  A property owner or lessee may also appeal any supplemental or pro rata assessment by making an application directly to the board of equalization within thirty (30) days of the date of the notice of the supplemental or pro rata assessment, or if an appeal has been made to the county assessor within thirty (30) days from the date of the decision of the county assessor denying an appeal for such supplemental or pro rata assessment, whichever date is later.      

 

                C.            The board of equalization shall finally dispose of all biennial annual assessment appeals by September 1 of the year in which the assessment takes effect and of all supplemental or pro rata assessment appeals for new construction by December 31 of the year in which the supplemental or pro rata assessment takes effect.

 

( 8-1.7, 7-12-89; Ord. of 2-5-92; 8-66, 3-4-98; Ord. 98-A(1), 8-5-98)

 

                State law reference--Va. Code 58.1-3330, 58.1-3378.

 

This ordinance shall be effective on and after January 1, 2007.

 

Go to Attachment B

Return to executive summary