Wake-Up Call: Property Values in Albemarle

February 4, 2007 1:13 pm

Lindsay Dorrier and Dennis Rooker are members of the Albemarle County Board of Supervisors. This Sunday, they spoke with Rick Moore of WNRN’s Sunday Morning Wake-Up Call about property assessments in the area. With the rapid immigration to the Charlottesville/Albemarle area over the past decade, property values have soared to many times what owners originally bought the property at. They discuss laws regarding assessment appeals and the switch to annual reassessments, what local governments do with the increased revenue, and taxes on land use. Dorrier and Rooker also discuss the new budget, and how the new revenue will affect the services the county provides.

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