HomeMy WebLinkAbout3/11/2025 - Public Hearing - David Riddle - Tax RatesRhonda Perdue
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Tuesday, March 11 , 2025 10:56 AM
Board of Supervisors
[EXTERNAL] -Online Form Submittal : Request to Add ress the Board
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Reques t to Address the Boa rd
Request to Addres s the Bo ard of Supervisors
PLEASE NOTE: All e lectro n ic submissions to speak at a Board meeting must be
rec ei ve d by the Cle rk's Offi c e no later than 2 :00 p .m . on the date of the meeting .
Wri tt e n requ e st s may be submitted in person at the meeting following this t ime.
Meeting Date: 3/11 /25
Agenda Item Number: F1
Purpose : Publ ic Hearing
Subject: Assessments/Tax Rate 1A-1 ,,P,r/e
Spea ke r Info rm ati o n
Name: David S Riddl
Street Address: ~t87J
City: Roanoke 7 t:PO$
State: Virginia
ZIP: 24014
Phone: 5403096330
Email: stilleridd@gmail .com
Group/Organization : Pr ivate Citizen
I w ou ld like the Cha irman of the Board of Supervisors to recognize me during the
meet ing on the ab o ve matter so that I may comment.
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Good Afternoon Chairman Radford, Vice Chairman North and members
of the Board. I'm David Riddle, a resident of the Mt. Pleasant
Community.· !L111 also active as a volu11teer with the Mt. Pleasant
Volunteer Fire Dept as well as part-time work at Explo~
I'd like to take this opportunity to talk about property assessments, and
the resulting impact on our Real Estate taxes. This year's assessment
on my property went up 5.89%. Last year's assessment went up 7.51%.
For the past five years, the assessment has climbed 32.3%; all driven by
a tight housing market after the Covid pandemic in which housing
prices have skyrocketed. By comparison, last year's national inflation
rate was only 3%.
In talking with Mr. Daryl! Shepherd in the assessment office, I
understand the State Code dictates how assessments must be done,
based on Fair Market Value . But in this volatile housing market, those
assessment increases may look good for people wanting to sell; but it
hurts homeowners who have no intention to sell by seriously increasing
their taxes. It may even force long-term residents to sell if-living on a
fixed income -they can no longer afford those tax increases. Several
urban communities are driving out their low-income residents due to
the inflated housing purchase and rental prices.
I come before you today to ask your consideration of two issues. First, ¥. I UI\JJ)~.j}
to adjust the tax rate down ar;eiR this year l~ you did last year) to
partially offset the increased assessments. Second, I'd ask you include
in your legislative package for the next General Assembly session an
amendment to the State Code to allow Counties to cap assessment
increases to the overall inflation rate; not just basing assessments on
the fluctuations of the current housing market.
I do not envy you members of the Board having to balance the need of
sufficient revenue to cover the inflationary pressures on salaries,
operations and maintenance with the taxpayers concerns over higher
taxes. tf,-.ff aving worked in state government and county services for
over 30 years fappreciate the task before you today. I appreciate your
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fiscal responsibilities for ensuring proper use of tax revenues. But I'm
sure there are many Roanoke County taxpayers who have been getting
sticker shock every year recently when their assessments have come in
the mail.
I -We taxpayers -are asking your help in reducing the impact of those
assessments on our taxes, and in asking the General Assembly for
reasonable adjustments to the State Code for future assessments.
Thank you for this opportunity to address my concerns with you.