September 21, 2023 by News Staff
The Essex County Board of Supervisors voted 4-1 last week to advertise a Request For Proposals (RFP) — following review by legal counsel — regarding the county’s next real estate reassessment. The Rappahannock Times reports reassessment is the process by which the assessed value of real estate property held by citizens, businesses, and industries in a county is revised to reflect fair market value. General reassessments of real estate take place every four years. However, any county that has a total population of 50,000 or less may elect by majority vote of its board of supervisors to conduct its general reassessments at either five-year or six-year intervals. Essex County’s last reassessment was completed in 2021 by BrightMinds.