                                 CODE OF VIRGINIA

SAME; POWERS OF COMMISSIONERS OF REVENUE; REAL ESTATE ASSESSMENTS (§ 15.2-828)

A. The director of finance shall exercise all the powers conferred and perform
all the duties imposed by general law upon commissioners of the revenue, not
inconsistent herewith, and shall be subject to the obligations and penalties
imposed by general law.

B. Every general reassessment of real estate in the county, unless some other
person is designated for this purpose, shall be made by the director of finance.
He shall collect and keep data and devise methods and procedures to be followed
in each such general reassessment that will make for uniformity in assessments
throughout the county.
			In addition to any other method provided by general law or by this chapter,
the director of finance may provide for the annual assessment and equalization
of real estate and any general reassessment ordered by the board. The director
of finance or his designated agent shall collect data, provide maps and charts,
and devise methods and procedures to be followed for such assessments that will
make for uniformity in assessments throughout the county.
			All real estate shall be assessed as of January 1 of each year by the
director of finance or other person designated to make such assessment. Such
assessment shall provide for the equalization of assessments of real estate,
correction of errors in tax assessment records, addition of erroneously omitted
properties to the tax rolls, and the removal of properties acquired by owners
not subject to taxation.
			Any reassessments which change the assessment of real estate shall not be
extended for taxation until after a written notice has been mailed to the person
in whose name such property is to be assessed at his last known address, setting
forth the amount of the new assessment.

C. This section shall not apply to real estate assessable under the law by the
State Corporation Commission.

HISTORY: Code 1950, § 15-384.53; 1960, c. 382; 1962, c. 623, § 15.1-766; 1972,
c. 456; 1982, c. 647; 1987, c. 419; 1997, c. 587.