Rate Breakdown

Property taxes in Botetourt County are calculated by multiplying the assessed value (minus exemptions) by the total local millage rate.

How Property Tax Works in Botetourt County

In Botetourt County, property taxes are calculated based on the assessed value of your property and the applicable tax rate (millage rate). The County Assessor's Office determines the fair market value of your property through periodic assessments, which may include physical inspections or market analysis. The assessed value is then multiplied by the local millage rate (tax rate per $100 of assessed value) to determine your annual tax liability.

• Assessment Process: Properties are reassessed periodically, typically every 4-6 years, though market fluctuations may trigger interim adjustments.
• Millage Rates: Rates vary depending on the property type (residential, commercial, agricultural) and location within the county. The Board of Supervisors sets rates annually.

Available Exemptions

Virginia offers several property tax exemptions that may reduce your tax burden in Botetourt County:

• Homestead Exemption: While Virginia does not have a statewide homestead exemption, some localities offer relief for primary residences.
• Senior Citizen Exemption: Residents aged 65+ or permanently disabled may qualify for tax relief based on income and asset limits.
• Disabled Veteran Exemption: Veterans with a 100% service-connected disability may be eligible for full exemption from property taxes.
• Other Military Exemptions: Partial exemptions may apply for veterans with lower disability ratings or surviving spouses.

Applications for exemptions must be filed with the Commissioner of the Revenue’s office.

Payment Schedule & Deadlines

Botetourt County property taxes are billed annually, with payments due in two installments:

• First Half: Due by June 5th.
• Second Half: Due by December 5th.

Late payments incur penalties (up to 10% of the unpaid balance) and interest (1% monthly). Payment options include:

• Online via the county’s payment portal.
• Mail or in-person at the Treasurer’s Office.
• Bank drafts or escrow arrangements (for mortgaged properties).

Appealing Your Assessment

If you believe your property’s assessed value is inaccurate, you may appeal:

• Step 1: Contact the Assessor’s Office to discuss your concerns informally.
• Step 2: File a formal appeal with the Board of Equalization within 30 days of your assessment notice.
• Step 3: Present evidence (e.g., recent comparable sales, appraisal reports) to support your claim.

Deadlines and procedures are strict, so act promptly. If unsatisfied with the Board’s decision, you may appeal to the Circuit Court.