Real Estate

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Property assessments decline for second straight year

The assessed value of all real estate in Chesterfield County declined 3.3 percent during calendar year 2010, according to information from the Chesterfield County Department of Real Estate Assessments.

Calling budget “difficult” is an understatement, county staffer says

Budget and Management Director Allan Carmody reiterated the difficulty of this year’s budget process at the start of last week’s meeting of the budget and audit committee.

Residents welcome stable tax rate, offer solutions for schools’ shortfall

Several area residents took time Monday morning to share their thoughts on the Board of Supervisors’ recent decision to set the advertised real estate tax rate for next year at 95 cents – 5 cents below the level necessary to generate the taxes collected this year.