The Lynchburg City Assessor's Office is required to maintain an alphabetical ownership tax roll each year for the period of July 1 through June 30. To maintain the role, the City Assessor must keep current property records showing the physical characteristics of each parcel and in accordance with Chapter 18-48 of the Lynchburg City Code, Title 58.1 of the Code of Virginia, and Article X of the Virginia Constitution.
Staff values approximately 32,107 real estate property parcels, of which 1,623 are exempt.
The real estate tax rate for 2023 to 2024 is $0.89 per $100 of the total assessed value.
Property transfers and building permits are processed throughout the year and all parcels are reassessed biennially. Special appraisal estimates of value for budgeting and rental studies are prepared periodically.