Commissioner of the Revenue
Commissioner of the Revenue: Jo Ann Ando (540) 775-4664
10459 Courthouse Drive, Suite 101 (540) 775-5062 Fax
King George, VA 22485 Hours: Monday thru Friday 8:00AM to 5:00PM
The Commissioner of the Revenue is an elected position which serves a four-year term. The Commissioner's office is responsible for all phases of: personal property taxation, assessments of real estate, maintains the County tax maps, processes and audits state income tax returns and estimated state income taxes. Also, the Commissioners office administers Meals Tax, County Business Licenses, Transient Occupancy Tax, and Land Use and Exemption For The Elderly and Disabled Programs.
NOTICE TO ALL KING GEORGE COUNTY TAXPAYERS
If you own a boat, boat and motor, ATV or motorcycle, you may notice an increase in assessment on your 2013 tax bills. This is due to the fact that the Commissioner of the Revenue office is now using recognized pricing guides such as the Marine Blue Book and the National Auto Dealers Association to assess these items. We are no longer assessing the above mentioned items by depreciation of cost.
For Immediate Release
Contact: Joel Davison, Public Relations Manager, (804) 786-3507
State Tax Refunds No Longer Offered by Check
~ Direct Deposit, Prepaid Debit Card Are the Only Options Available ~
RICHMOND - If you usually receive your state tax refund by check, you'll have to choose a new option.
The 2012-2014 Appropriations Act approved by the 2012 General Assembly eliminated paper refund checks to save money for the Commonwealth of Virginia. The state issued over 1.2 million refund checks last year, and will save about $200,000 in printing and mailing costs annually under the new law.
Most Virginians have their refunds deposited directly into their bank accounts. This is the fastest way to get your refund, especially if you file your return online.
Individuals who prefer not to use direct deposit will receive a prepaid debit card loaded with their refund amount. The new Virginia Tax Refund Debit Card is a more secure and convenient alternative to receiving a refund check in the mail, and eliminates check-cashing fees.
A division of Xerox Corporation will administer Virginia's debit card program at no cost to the state. The refund will be held in a bank account at a MasterCard® bank so both the funds and the debit card are protected by state and federal laws. The card is activated by phone or online using personal information that only you should know, and you will create a PIN, or personal identification number, for use with the card.
"Most individuals prefer to have their refunds deposited directly into their bank accounts because it's the easiest, fastest way to get your money," said Tax Commissioner Craig Burns. "For those who don't use direct deposit, debit cards are a secure alternative that provide cost savings for the Commonwealth."
The card can be used like any debit card to make purchases in stores or online, to pay bills, to get cash back at the point of sale, or to receive cash at an ATM. You can also transfer the funds to your own account or get your entire refund amount in cash at any MasterCard® bank. While you will be able to access your entire refund without cost, there are fees associated with some services and transactions. Anyone considering receiving their tax refund by debit card should review the fee schedule on the Department of Taxation's website at http://www.tax.virginia.gov/, which also includes frequently asked questions and other information about the debit card program.
The Virginia Tax Refund Debit Card cannot be used after the refund amount is gone. You will receive a new debit card for future refunds, unless you choose direct deposit. Joint filers will receive two debit cards that draw from a single joint refund account. The Department cannot split a refund amount into separate accounts.
Several other states are already using debit cards for tax refunds.
KING GEORGE COUNTY
(for immediate release)
The King George County Board of Supervisors recently announced it will perform a general reassessment of all real estate within the County to be effective January 1, 2014. The Board of Supervisors has awarded the contract to Blue Ridge Mass Appraisal Co. of Staunton to perform the general reassessment.
The appraisers will begin visiting properties within the County in December, 2012. They will visit each improved property. If no adult is home they will leave a door hanger requesting additional information on the property. The field work will be completed in the fall of 2013. Each property owner will receive a change of assessment notice in October or November of 2013 indicating the new proposed values. Property owners will then have the opportunity to make an appointment to meet with the Assessors to discuss the values. In early 2014, a Board of Equalization will convene to consider further appeals based on equalization of properties. The Board of Equalization is composed of County citizens appointed by the Circuit Court.
The Code of Virginia mandates each locality to periodically perform a general reassessment to determine each property's fair market value and its equalization in value to similar properties. The last general reassessment was effective January 1, 2010. The effective date of the upcoming general reassessment is January 1, 2014.
David R. Hickey, Owner/Appraiser of Blue Ridge Mass Appraisal, states the firm will make a study of the real estate market through the last months of 2012 and all of 2013. "Some of the value ranges of the residential properties have slowed down considerably. We are finding this happening more with the higher end of the local market." Hickey also stated many of these sales may be under duress or foreclosures and while foreclosures do not meet the definition of Fair Market Value they will not be totally ignored. "We can only consider actual arms length transactions though sometimes it is hard to be sure of those. Throughout the process we will continue to keep a close watch on the King George County market. Fortunately, we have the capability to follow the market on a monthly basis through the end of the job and will make further adjustments if necessary before sending the change of assessment notices."
While assessment values are the basis on what a property owner will pay in real estate taxes, the actual tax rate determines what will actually be paid. In 2012, the County's tax rate was $0.53 per one hundred dollars of assessed value. The rate is set by the Board of Supervisors based on the County's financial obligations each year.
If questions, call David Hickey, Blue Ridge Mass Appraisal Co. (540) 248-7100.