15.2-828 - Same; powers of commissioners of revenue; real estate assessments.

§ 15.2-828. Same; powers of commissioners of revenue; real estate assessments.

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

B. Every general reassessment of real estate in the county, unless some otherperson is designated for this purpose, shall be made by the director offinance. He shall collect and keep data and devise methods and procedures tobe followed in each such general reassessment that will make for uniformityin 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 andequalization of real estate and any general reassessment ordered by theboard. The director of finance or his designated agent shall collect data,provide maps and charts, and devise methods and procedures to be followed forsuch assessments that will make for uniformity in assessments throughout thecounty.

All real estate shall be assessed as of January 1 of each year by thedirector of finance or other person designated to make such assessment. Suchassessment shall provide for the equalization of assessments of real estate,correction of errors in tax assessment records, addition of erroneouslyomitted properties to the tax rolls, and the removal of properties acquiredby owners not subject to taxation.

Any reassessments which change the assessment of real estate shall not beextended for taxation until after a written notice has been mailed to theperson in whose name such property is to be assessed at his last knownaddress, setting forth the amount of the new assessment.

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

(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.)