Does the Commissioner's Office raise taxes?
The Commissioner of the Revenue's office does not set tax rates. It is the responsibility of the Board of Supervisors to set personal property and real estate tax rates. The Commissioner's office reassesses real estate every two years to ensure your property is assessed as fairly, equitably and accurately as possible. Sec. 58.1-3201 of the Virginia tax code requires localities to assess Real Estate at 100% of fair market value. Accuracy in assessments is very important. If assessments fall too far below market value, state funding can be reduced or ultimately denied.

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1. Does the Commissioner of the Revenue collect taxes?
2. Does the Commissioner of the Revenue have the authority to make law and public policy decisions?
3. Does the Commissioner's Office raise taxes?
4. My property value increased. Does that mean my tax bill will increase?
5. Can I use the current tax rate to estimate my tax bill?
6. Why am I receiving a reassessment notice?
7. What happens if the county does not assess real property at or near fair market value?