Montgomery County, Va. FY 23 Approved Budget

Page 159

ASSESSMENTS

About

The Assessment division is responsible for maintaining real estate ownership records, including transfers of ownership recorded in the Circuit Court Clerk’s Office, assessing the value of real property, administering the land use program, and mapping of real property. The County provides 100% of the funding since real estate and personal property assessments are a primary focus of this division.

Assessing

The Assessing department, which reports to the Commissioner of the Revenue, maintains real estate ownership records, assesses the value of real property, administers the land use program, and mapping of real property. This department also administers the County’s real estate tax relief program for the elderly and disabled.

Land Use

The land use program provides for the deferral of real estate taxes on real estate that qualifies for agricultural, horticultural and forestry uses. It processes new and renewal applications, validates information provided on the applications, and calculates use values per crop yields and soil classifications.

Key Performance Indicators Performance Targets Assist Elderly, Disabled and Veterans with Tax Returns Business Tax Assessments Updated Real Estate Records Identify Qualified Land Use Program Parcels Taxable Vehicle Assessments Assess Supplemental Proration Bills and Corrections

FY21 Actual

FY22 Projected

FY23 Projected

947

1,081

1,081

4,731 39,150

4,750 39,169

4,750 39,169

1,644

1,673

1,673

84,496

84,807

84,807

10,961

7,751

7,751

Personnel FY 22 Approved FTE

FY 23 Approved FTE

Change

Assessments

6

6

0

Land Use

0

0

0

TOTAL

6

6

0

DEPARTMENT

Base Budget Discussion

The base budget is the estimated minimum cost for providing continued services/operations for each division/ department. It is based on the prior year approved budget with adjustments. This budget shows how much it would cost in the next fiscal year to operate the same programs in the current fiscal year. ASSESSMENTS : 145


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