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