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Board of Equalization hearings scheduled for Real Estate Assessments

GENERAL REASSESSMENT
JULY 19, 2018

General Reassessment of the Real Estate in Lexington has been completed.  The notices of property values were mailed Monday, April 9, 2018 and the Assessor Hearings were held Monday, April 23, 2018 – Friday, April 27, 2018.  The new reassessment values went into effect July 1, 2018.  The reassessment values can be viewed at www.vamanet.com .  Lexington City Council has set the real estate tax rate effective July 1, 2018 at $1.035 per $100 of assessed value.

PUBLIC NOTICE
BOARD OF EQUALIZATION
CITY OF LEXINGTON

Public notice is hereby given that the Board of Equalization for the City of Lexington will meet on the days hereafter listed for the purpose of hearing complaints of inequalities including errors in acreage.  Upon hearing such complaints, either oral or written, the Board will give consideration AND INCREASE, DECREASE OR AFFIRM such real estate assessments.   Before a change can be granted, the taxpayer or his agent must overcome a clear presumption in favor of the assessment.  The taxpayer or agent must provide a preponderance of the evidence that the assessment of the property is not uniform with the assessments of other similar properties or that the property is assessed in excess of its fair market value.

Appointments will be scheduled every 15 minutes to minimize waiting.  To appear before the Board of Equalization, please call 540-462-3701 between 8:00 A.M. and 5:00 P.M. Monday through Friday to schedule an appointment.  Meetings of the Board to hear objections will be held in the 2nd Floor Meeting Room, Lexington City Hall, 300 East Washington Street.  The dates and times are:

 

                        Monday, October 22, 2018           6:30 PM - 9:00 PM

                        Tuesday, October 23, 2018          6:30 PM - 9:00 PM

                        Saturday, October 27, 2018         9:00 AM – 12:00 NOON

                        Monday, October 29, 2018           6:30 PM - 9:00 PM

                       

By order of the City of Lexington Board of Equalization

                        

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