BOTEROURT COUNTY, Va. (WFXR) — Botetourt County residents have been receiving notices about their personal property tax that could bring increases.
But a lot of people are questioning this decision voted into action by Botetourt County Supervisors.
“It’s very unfortunate that our board of supervisors would do this at a time when money is so very hard to come by,” said resident, Donna Mauck.
The Commissioner of Revenue, Chris Booth says due to shortages in the vehicle market, the value of vehicles is now higher. He says the phones have been ringing off the hook from people on fixed incomes.
“So, they still have roughly the same income, but all their bills are more expensive. Electric bills, gas bills, grocery bills, and now tax bills have gone up,” said Booth.
The Board of Supervisors stressed that although people are seeing larger bills, the actual tax rate remains the same. They say problem is that due to the shortage of new and used cars, the value of vehicles has skyrocketed. And that higher value means a larger tax liability.
In a statement, supervisors say they knew the tax would negatively impact citizens, so they increased tax relief by $250,000. They say without this action bills would have been even more. But it still leaves people frustrated.
“I’ve heard many stories today where their taxes went up fifty to a hundred percent year over year for the same vehicle. I definitely understand that. Mine went up as well, and it’s quite a drastic increase,” said Booth.