NOTICE OF PUBLIC HEARING- GUIDELINES FOR IMPLEMENTATION OF THE PUBLIC-PRIVATE EDUCATION FACILITIES AND INFRASTRUCTURE ACT OF 2002, AS AMENDED

The Town of Rich Creek will hold a public hearing on Monday, April 10^th, 2023 at 6:00 PM at 250 Old Virginia Avenue, Rich Creek, VA to solicit public input on the adoption of the Guidelines For Implementation Of The Public-Private Education Facilities and Infrastructure Act of 2002, as amended.

All citizens are urged to attend and will be given the opportunity to comment.  If you plan to attend and have any special needs requirements, please call 540-726-3260.

A copy of the Act is available for review during normal business hours or HERE.  For additional information, please contact Mayor Roger Jones at 540-726-3260 .

COVID-19'S IMPACT ON THE VEHICLE VALUATIONS OF 2022

Due to the increase in the value of most vehicles as of January 1, 2022, compared to the previous January 2021 value, the higher values have had an impact on the assessments of personal property throughout the Commonwealth.  The increase in the assessed value affects the personal property tax relief percentage, resulting in the taxpayers paying a higher amount of tax on a vehicle.

During the November 14th, 2022 meeting, the Rich Creek Town Council voted to accept the Giles County Board of Supervisors recommendation to calculate the 2022 Personal Property tax on cars, trucks and motorcycles using an 85% ratio of the assessed book value.  In addition, Town Council also approved lowering the current Personal Property tax rate of $0.625 to $0.575, to provide the Rich Creek taxpayers relief from the inflated values, as well.

Please contact the Town Office, should you have any questions at 540-726-3260.