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HomeMy WebLinkAbout2/27/2024 - Citizen Comments - Gary Leavens - Roanoke County Real Estate AssessmentAGENDA ITEM NO. ____ _ PUBLIC HEARING _ORDINANCE / CITIZEN COMMENTS SUBJECT: ____________________ _ I would like the Chairman of the Board of Supervisors to recognize me during the meeting on the above matter so that I may comment. WHEN CALLED TO THE LECTERN, I WILL GIVE MY NAME AND ADDRESS FOR THE RECORD. I AGREE TO ABIDE BY THE GUIDELINES LISTED BELOW: • Each speaker will be given three (3) minutes to comment, whether speaking as an individual or representative. The Chairman will enforce the rule unless instructed by the majority of the Board to do otherwise . Individuals may not yield time to another speaker. • The speaker will be limited to a presentation of his/her point of view only . Questions of clarification may be entertained by the Chairman. • All comments must be directed to the Board . Debate between a recognized speaker and audience members is not allowed . • Both speakers and the audience will exercise courtesy at all times. • Speakers are requested to submit any written statements and/or comments to the Clerk to the Board. • It is at the discretion of the Chairman to allow an individual to speak on behalf of an organized group. Written authorization from the group allowing the individual to represent them shall be filed with the Clerk . PLEASE PRINT LEGIBLY AND GIVE TO THE CLERK TO THE BOARD NAME: ~~---:{ ADDRESS: "GS A1 '?... O~C--~b\.-4?:4? v' )Llz4:4 c,6'2..c..,Lt==-, 62..o~o~ -y.}-0 1q PHONE (OPTIONAL): 8JfO -~ ':uJ -J o -=?J. l GROUP/ORGANIZATION: ~ o~ ✓}L-LA,-r:;, co~ C:)o '~ Roanoke County Real Estate Assessment • Year Land Building Total % Increase Soc. Sercurit~ cot • 2019 $40,000 $204,300 $244,300 1.0% 2.8% • 2020 $42,000 $218,400 $260,400 6.6% 1.6% • 2021 $45,000 $232,400 $277,400 6.5% 1.3% • 2022 $48,000 $240,500 $288,500 4.0% 5.9% • 2023 $55,000 $274,000 $329,000 14% 8.7% • 2024 $55,000 $289,700 $344,700 4.8% 3.2% • 2025 13 % ~?t. (3) • Overall increase in assessment value since 2019 -41.1% • Taxes: 2019 -$2,663 2024 -$3,654 Increase 37 .2% • Tax Rate: 2019 -2022 1.09 2023 -2024 1.06 Roanoke County Tax Freeze Information • Real Estate Tax Freeze for the Elderly and Disabled • The Commissioner of the Revenue's office administers Roanoke County's Real Estate Tax Freeze program for the Elderly and Disabled. You may qualify for a tax freeze if you meet the following conditions: 1. The person or persons applying must be owners or partial owners and must occupy the dwelling on the real estate for which application is being made. 2. Filing dates for this program are January 1 through March 15 each year. 3. A dwelling jointly held by a husband and wife may qualify if either spouse is 65 years or over on December 31st of the year preceding the taxable year or permanently and totally disabled. 4. The gross combined income of the owners and any relatives living in the dwelling during the preceding calendar year shall not exceed $56 ,566 ; however, the first $10,000 of income of each relative, other than a spouse or owner, shall not be included in such total. 5. Effective January 1, 2009 . The net combined financial worth, including equitable interests, as of December 31st of the preceding calendar year, of the owners, and of the spouse, shall not exceed $200 ,000 . This amount shall not include the value of the sole dwelling and up to one acre of land. • Additional Information • For more information call the Commissioner of the Revenue's Office at 540-772-2181 . State Property Tax Freeze and Assessment Freeze Programs Tax Freezes Assessment Freezes • States Year Age Req Income Limit • State Year Enacted Age Requirement • Connecticut 2006 70+ NO • Arizona 2000 65+ • New Jersey 1998 65+ YES • Arkansas 2001 65+ • Ok l ahoma 1996 65+ NO • Georgia 1994 62+ • Rhode Island 2009 65+ NO • Illinois 1994 65+ • Tennessee 2006 65+ YES • Louisiana 2000 65+ • New Mexico 2000 65+ • Oklahoma 2004 65+ • Rhode Island 2009 65+ • South Dakota 1980 65+ • Washington 1995 61+