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Assessment
Changes by District
This is a comparison of Assessed Market Values in 2007 and 2008.
Market values are not the same as taxable values. They
are the assessed value before adjustments from the Hearings and the Board of
Equalization meetings.
|
Assessment Changes by District |
|
District |
2007 Assessments at
Market Value |
2008 Assessments at
Market Value |
Increase |
Percent Increase |
|
Chincoteague |
488,790,800 |
1,050,488,300 |
561,697,500 |
115% |
|
Atlantic |
340,280,562 |
648,317,050 |
308,036,488 |
91% |
|
Mosquito Control |
120,329,400 |
318,113,920 |
197,784,520 |
164% |
|
Total Atlantic |
460,609,962 |
966,430,970 |
505,821,008 |
110% |
|
Metompkin |
264,898,390 |
546,206,860 |
281,308,470 |
106% |
|
Lee |
483,169,015 |
877,162,400 |
393,993,385 |
82% |
|
Pungoteague |
444,794,160 |
855,463,100 |
410,668,940 |
92% |
|
Totals |
2,142,262,327 |
4,295,751,630 |
2,153,489,303 |
101% |
As you compare the changes in assessment for each District, notice that some
areas of the county experienced faster increases in
value than others.
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