Supervisors approve relief measures for personal property taxpayers
(Bedford, VA)—At a special-called meeting on Thursday, Nov. 3, the Bedford County Board of Supervisors voted on two solutions to help residents with the higher personal property tax bills they received this year.
Supervisors voted 7-0 to extend the due date for personal property tax bills from Dec. 5, 2022, to Jan. 31, 2023.
Supervisors also voted 7-0 to provide a rebate of 33 percent to personal property taxpayers in the categories of cars/trucks, motorcycles, motor homes, and trailers. On average, assessments in these categories increased by 35 percent in 2022 due to increased vehicle values.
If a resident has already paid their personal property tax bill, they will receive a 33 percent rebate of the amount paid for the approved categories above.
If a resident has not yet paid their personal property tax bill, County staff is working to apply a 33 percent credit to accounts. This process will need to be developed in our financial system and tested for accuracy before application.
At the Nov. 3 meeting, Supervisors also discussed obtaining more data from staff to review relief scenarios for boat owners, who saw an average nine percent increase in their bills during this assessment.
Bedford County residents will get a break on their car tax bill. The bills for cars, trucks, and motorycles were about 35-percent higher on average this year because vehicle assessments were way up. After hearing from many residents at a special meeting last night, Vice Chairman Edgar Tuck explains what supervisors decided to do:
Edgar tuck_car tax :22
He says the county is now working on adjusting how much is due. Residents who‘ve already paid will get a rebate.
EARLIER: (Bedford, VA)—The Bedford County Board of Supervisors will hold a special meeting on Thursday, November 3, at 7 p.m., that will focus on personal property taxes.
Due to shortages in the vehicle market, the value of vehicles is much higher this year, resulting in higher personal property tax bills. At Thursday’s meeting, Supervisors will discuss how this impacts the county budget and explore options of how they might assist citizens with these higher bills.
The special-called meeting will be held in the Boardroom on the third floor of the County Administration Building (122 East Main Street, Bedford). The meeting is open to the public and will be livestreamed to the Bedford County YouTube channel.
There will be a 30-minute citizen comment period at the beginning of the meeting, with discussion to follow.