Month: May 2022

Henrico proposes personal property tax relief to offset rising vehicle values

Tax Relief Horizontal Slide 2b

Plan would give a credit based on a 52-cent rate cut, make 1st payments due Aug. 5

The Henrico County Board of Supervisors will consider a personal property tax relief proposal that would give residents an additional 60 days to make their first payments and provide a credit on year-end bills to offset higher-than-expected vehicle values. With the credits, the county would provide an effective 52-cent reduction to the personal property tax rate for 2022, based on current estimates.

Continue reading Henrico proposes personal property tax relief to offset rising vehicle values

Recent Archives

Archives By Years

To view older posts, please go to our news release archives.