VIRGINIA BEACH — Real estate assessments are increasing this year, and the City Council will consider lowering the tax rate to partially offset the cost to taxpayers. Assessments will be 6.7% on average higher than last year in Virginia Beach, UghBudget Director Kevin Chatellier told the council at a two-day retreat this week. That follows last year’s 9% jump in assessments. The City Council .
Real estate assessments are increasing, and Virginia Beach City Council wants to give residents some relief, possibly 2 cents per $100 assessed value of real estate in the upcoming fiscal year.
Virginia Beach to consider lowering the real estate tax rate dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.