Henrico supervisors approve one-time real estate tax credit

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HENRICO, Va. (WWBT) – Henrico is the primary locality in Virginia to refund actual property taxes to property house owners.

Throughout a gathering Tuesday evening, the Board of Supervisors accredited an ordinance to offer property owners a one-time credit on their real estate taxes.

It’s referred to as the “2+2″ plan. County leaders stated it was proposed because of what’s going on with inflation and its influence on households.

The county will decide the quantity primarily based on Feb. 1, 2022, evaluation numbers. Letters are anticipated to be despatched to householders and business enterprise house owners beginning in February.

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