The Board of Assessors oversees property reassessments. Every 5 years, a general reassessment is conducted in accordance with Section 58.1-3252 of the Code of Virginia. The Board of Supervisors contracts an appraisal company to reassess every parcel at its fair market value, which is based upon a sales study completed by the appraisal company. These assessments are effective for 5 years unless a change is made such as boundary adjustments, division of property, change in zoning, court orders or new construction. When the reassessing of each parcel has been completed, the Board of Assessors holds hearings for citizens that may take issue with their new reassessed values. At the completion of their hearings, a Board of Equalization is established to review any complaints. The Board of Equalization holds hearings to equalize property values as a result of any changes made or suggested for a citizen. Once the Board of Equalization has completed its duties, the only option is to petition the Circuit Court in accordance with Section 58.1-3984 of the Code of Virginia.
Members are appointed by the Board of Supervisors each general reassessment year and require training by the Virginia Department of Taxation before sitting on the Board.