On Taxes And Reassessments

Rockbridge County’s real estate tax rate may be lowered this year by 13 cents – from 74 to 61 cents per $100 value – which would put it at the lowest rate it’s been in many years. That doesn’t mean county residents will be rejoicing. Many, in fact, are up in arms over what they think is a back-handed way to raise their taxes – reassessments.