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Henrico Announces Proposed Tax Credit

Proposed Property Tax Rebate Similar to 2022

Outside the Glen Allen Cultural Arts Center
The announcement was held at the Glen Allen Cultural Arts Center
David Lefkowitz

Henrico County, Va. (Newsradiowrva.com) - Henrico County has announced a proposal to once again give property owners a credit on their real estate taxes. After sending out the property tax rebates last year, Henrico now looks to do something very similar in 2023 — 2 cents for every 100 dollars of a property's value.

The funds for the tax credits will be taken from excess funds from last year's real estate tax income. The rebate aims to ease the impact of continually rising real estate assessments. If the proposal passes its June vote, the checks will be mailed in October.

Proposed Property Tax Rebate Similar to 2022