Commissioner of the Revenue

INCREASE IN 2021 VEHICLE ASSESSMENTS

Due to shortages in both the new and used vehicle markets, prices have increased for 2021. In Chesapeake, the average assessment of a used car valued by the J. D. Power Official Used Car Guide increased by 15% over 2020. As a consequence, many Citizens may see an increase in their personal property tax bill for 2021. The large price increase also impacted the amount of the Personal Property Tax Relief Credit causing a decrease from 47% to 42%. Chesapeake, as well as all Hampton Roads localities uses the J. D. Power Official Used Car Guide to determine the assessed value of most vehicles.

Please review the following news article regarding the increase in the value of automobiles:

 Consumer Reports: Used-Car Prices are Surging, Making It Tougher for Buyers

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IMPORTANT MESSAGE FROM THE COMMISSIONER OF THE REVENUE:

DETAILS REGARDING OUR MODIFIED OPERATING CONDITIONS DUE TO COVID-19

Email:	Phone:
Personal Property Assessment	757-382-6730
Business Property Assessment	757-382-6739
Business License	757-382-6738
Real Estate Assessment	757-382-6235
Tax Payments	757-382-6281

The Office of the Commissioner of the Revenue assesses individual and business personal property taxes, prorates personal property taxes on motor vehicles and trailers, issues City business licenses, administers special taxes on meal, lodging, excavations, cigarettes, admissions and rental equipment, and administers the City's real estate tax relief program.

As a state Constitutional Officer, the Virginia General Assembly first created the position of Commissioner of the Revenue in 1786. The Commissioner of the Revenue is elected by the citizens of Chesapeake to a four-year term of office and serves at the pleasure of the voters.

The Commissioner of the Revenue holds office as an agent of the Commonwealth of Virginia, as well as local governments, and is the assessing officer on the local level for those taxes and licenses prescribed by state law and local ordinance.

If you have questions, contact or visit us today. We are here to serve you!

Send your email to the Commissioner of the Revenue: comrev@cityofchesapeake.net.