2016/2017 Assessment Facts as of January 1, 2017
Taxable Value Increases
2016 2017 Difference
Commercial New Construction / Growth  $           189,223,300  $           109,662,500  $          (79,560,800)
Commercial Revaluation  $           140,194,000  $             23,760,700  $        (116,433,300)
Residential New Construction / Growth  $           407,303,500  $           490,519,400  $           83,215,900
Residential Revaluation  $           629,085,772  $           802,439,793  $         173,354,021
Miscellaneous Adjustments  $            (17,672,143)  $             26,345,417  $           44,017,560
Total  $        1,348,134,429  $        1,452,727,810  $         104,593,381
County
2016 Assessment 2016 Parcel Count 2017 Assessment 2017 Parcel Count Value Change Parcel Change
Exempt  $        2,499,340,200                        1,582  $        2,570,536,900                       1,592  $          71,196,700                    10
Taxable  $      33,427,751,023                     129,210  $      34,880,478,833                   130,754  $     1,452,727,810                1,544
Total  $      35,927,091,223                     130,792  $      37,451,015,733                   132,346  $     1,523,924,510                1,554
Land Use Deferred  $           171,728,277                           722  $           167,251,067                          716  $           (4,477,210)                     (6)
Commercial  $        5,904,386,360                        5,217  $        6,045,902,367                       5,223  $        141,516,007                      6
Industrial  $        1,359,763,618                        1,120  $        1,365,553,216                       1,121  $            5,789,598                      1
Residential  $      26,163,601,045                     122,873  $      27,469,023,250                   124,410  $     1,305,422,205                1,537
Exempt  $        2,499,340,200                        1,582  $        2,570,536,900                       1,592  $          71,196,700                    10
Total  $      35,927,091,223                     130,792  $      37,451,015,733                   132,346  $     1,523,924,510                1,554
Bermuda District
Commercial  $        1,438,598,412                        1,998  $        1,457,752,726                       1,999  $          19,154,314                      1
Industrial  $           942,835,618                           620  $           942,160,416                          619  $             (675,202)                     (1)
Residential  $        4,208,377,095                       23,458  $        4,384,730,164                     23,780  $        176,353,069                   322
Exempt  $           531,855,200                           471  $           538,391,800                          478  $            6,536,600                      7
Total  $        7,121,666,325                       26,547  $        7,323,035,106                     26,876  $        201,368,781                   329
Land Use Deferred  $             12,693,475                             53  $              9,237,694                           51  $           (3,455,781)                     (2)
Clover Hill District
Commercial  $        1,165,083,401                           844  $        1,180,175,233                          842  $          15,091,832                     (2)
Industrial  $           204,323,500                           307  $           205,718,300                          309  $            1,394,800                      2
Residential  $        5,118,587,471                       25,464  $        5,364,489,412                     25,642  $        245,901,941                   178
Exempt  $           318,638,000                           186  $           338,608,200                          188  $          19,970,200                      2
Total  $        6,806,632,372                       26,801  $        7,088,991,145                     26,981  $        282,358,773                   180
Land Use Deferred  $              5,031,628                             12  $              6,195,755                           13  $            1,164,127                      1
Dale District
Commercial  $           561,395,448                           509  $           569,442,169                          516  $            8,046,721                      7
Industrial  $           128,022,100                           112  $           128,701,800                          112  $              679,700                       -
Residential  $        3,956,353,114                       22,313  $        4,156,548,095                     22,390  $        200,194,981                    77
Exempt  $           520,466,000                           255  $           529,957,700                          254  $            9,491,700                     (1)
Total  $        5,166,236,662                       23,189  $        5,384,649,764                     23,272  $        218,413,102                    83
Land Use Deferred  $              5,734,838                             30  $              4,819,736                           29  $             (915,102)                     (1)
Matoaca District
Commercial  $           589,717,125                           419  $           602,961,995                          419  $          13,244,870                       -
Industrial  $              9,627,400                               6  $              9,627,400                             6  $                         -                       -
Residential  $        6,256,513,543                       27,833  $        6,627,612,775                     28,468  $        371,099,232                   635
Exempt  $           705,311,100                           443  $           718,299,200                          444  $          12,988,100                      1
Total  $        7,561,169,168                       28,701  $        7,958,501,370                     29,337  $        397,332,202                   636
Land Use Deferred  $           137,877,832                           598  $           136,011,430                          592  $           (1,866,402)                     (6)
Midlothian District
Commercial  $        2,149,591,974                        1,447  $        2,235,570,244                       1,447  $          85,978,270                       -
Industrial  $             74,955,000                             75  $             79,345,300                           75  $            4,390,300                       -
Residential  $        6,623,769,822                       23,805  $        6,935,642,804                     24,130  $        311,872,982                   325
Exempt  $           423,069,900                           227  $           445,280,000                          228  $          22,210,100                      1
Total  $        9,271,386,696                       25,554  $        9,695,838,348                     25,880  $        424,451,652                   326
Land Use Deferred  $             10,390,504                             29  $             10,986,452                           31  $              595,948                      2
Above Figures Exclude All State Assessed Properties