Norfolk City Council approves car tax relief as vehicle values skyrocket
The Norfolk City Council approved a measure to help with personal property tax relief at a Tuesday, March 22 meeting.
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The Norfolk City Council approved a measure to help with personal property tax relief at a Tuesday, March 22 meeting.
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The Virginia Beach city council is set to make some major decisions at it's meeting Tuesday night.
The increase means Virginia Beach residents could pay more in taxes in the next fiscal year if the city council doesn't lower the tax rate, but there is still plenty of time for the council to take action to adjust the tax rate.
This week Phil Kellam says he received an assessment report on vehicle values, showing over values increased by 40 percent. The higher someone's vehicle is worth the more they have to pay in taxes.