File #: ORD 23-001    Version: 1 Name: Tax Relief
Type: PH-Ordinance Status: Passed
File created: 1/11/2023 In control: City Council
On agenda: 2/14/2023 Final action: 2/14/2023
Title: Consider amending and re-enacting Section 4-2-124, Section 4-23 and Section 4-25 of the City Code of Harrisonburg, in regard to personal property and real estate tax relief
Attachments: 1. Memorandum, 2. Current ordinance reflecting recommended amendments, 3. Public Hearing Notice, 4. PowerPoint presentation, 5. Executed ordinance

Subject:

Title

Consider amending and re-enacting Section 4-2-124, Section 4-23 and Section 4-25 of the City Code of Harrisonburg, in regard to personal property and real estate tax relief

Body

Presented By:  Karen Rose, Commissioner of the Revenue

Recommendation and Review

Harrisonburg City Code Title 4 Chapter 2 Article B and Title 4 Chapter 2 Article K provide for exemption from real estate and personal property taxes for Harrisonburg residents that are 65 or older or permanently and totally disabled and own real estate and/or personal property in the City and qualify for the exemption.  The exemption is based on income and net financial worth.  The last time that changes were made to the requirements was in February 2020.