Finance

Sheila Minor, Finance Director

The Department of Finance is comprised of seven different divisions which are:

• Accounting
• Office of Management & Budget
• Purchasing
• Real Estate Assessment
• Revenue
• Risk Management
• Treasury

Real Estate and Personal Property

• Henrico County Tax Credit and Relief Program
• Approved Tax Fee and Schedule
• Real Estate Assessment Appeals
• Tax Billing
• Delinquent Tax Collections
• Special Notice to Owners of Cars, Trucks and Motorcycles During 2024
  In 2023, the County lowered the tax rates for cars, light trucks, SUVs, and motorcycles due to continuing volatility in new and used automobile prices. The tax rate for qualifying vehicles was reduced by 10 cents (to $3.40 per $100). For 2024, relief under the PPTRA has been increased to 46%.
• Coming in 2024-RECAP (Real Estate Cap Program) For Senior and Disabled Homeowners
  Henrico County announces RECAP- a new initiative to help qualifying homeowners with their real estate taxes. The Real Estate Cap Program (RECAP) is a new tool supporting Henrico’s ongoing efforts to provide real estate tax relief for taxpayers. It joins the Real Estate Advantage Program (REAP) in the county’s toolbox of measures designed to assist older residents and disabled adults with their real estate taxes.

Business

• Tax Rates for Different Kinds of Businesses
• Business Property Taxes
• Frequently Asked Questions