2017/2018 Assessment Facts as of January 1, 2018
Taxable Value Increases
2017 2018 Difference
Commercial New Construction / Growth  $             109,662,500  $             65,513,300  $                  (44,149,200)
Commercial Revaluation  $               23,760,700  $            188,800,000  $                 165,039,300
Residential New Construction / Growth  $             490,519,400  $            529,433,500  $                   38,914,100
Residential Revaluation  $             802,439,793  $         1,037,908,890  $                 235,469,097
Miscellaneous Adjustments  $               26,345,417  $             44,149,327  $                   17,803,910
Total  $          1,452,727,810  $         1,865,805,017  $                 413,077,207
County
2017 Assessment 2017 Parcel Count 2018 Assessment 2018 Parcel Count Value Change Parcel Change
Exempt  $       2,570,536,900                          1,592  $         2,613,229,100                              1,600  $              42,692,200                        8
Taxable  $     34,880,478,833                       130,754  $       36,746,283,850                           132,400  $          1,865,805,017                  1,646
Total  $     37,451,015,733                       132,346  $       39,359,512,950                           134,000  $          1,908,497,217                  1,654
Land Use Deferred  $         167,251,067                             716  $            170,656,250                                 713  $                3,405,183                       (3)
Commercial  $       6,045,902,367                          5,223  $         6,287,147,068                              5,245  $            241,244,701                       22
Industrial  $       1,365,553,216                          1,121  $         1,384,516,493                              1,125  $              18,963,277                        4
Residential  $     27,469,023,250                       124,410  $       29,074,620,289                           126,030  $          1,605,597,039                  1,620
Exempt  $       2,570,536,900                          1,592  $         2,613,229,100                              1,600  $              42,692,200                        8
Total  $     37,451,015,733                       132,346  $       39,359,512,950                           134,000  $          1,908,497,217                  1,654
Bermuda District
Commercial  $       1,457,752,726                          1,999  $         1,508,396,317                              2,009  $              50,643,591                       10
Industrial  $         942,160,416                             619  $            948,111,393                                 622  $                5,950,977                        3
Residential  $       4,384,730,164                         23,780  $         4,607,736,703                             24,010  $            223,006,539                     230
Exempt  $         538,391,800                             478  $            537,963,700                                 481  $                  (428,100)                        3
Total  $       7,323,035,106                         26,876  $         7,602,208,113                             27,122  $            279,173,007                     246
Land Use Deferred  $             9,237,694                               51  $             12,152,387                                   50  $                2,914,693                       (1)
Clover Hill District
Commercial  $       1,180,175,233                             842  $         1,227,377,493                                 849  $              47,202,260                        7
Industrial  $         205,718,300                             309  $            209,716,600                                 311  $                3,998,300                        2
Residential  $       5,364,489,412                         25,642  $         5,699,015,138                             25,710  $            334,525,726                       68
Exempt  $         338,608,200                             188  $            343,681,100                                 188  $                5,072,900                         -
Total  $       7,088,991,145                         26,981  $         7,479,790,331                             27,058  $            390,799,186                       77
Land Use Deferred  $             6,195,755                               13  $               6,182,369                                   13  $                   (13,386)                         -
Dale District
Commercial  $         569,442,169                             516  $            617,384,109                                 517  $              47,941,940                        1
Industrial  $         128,701,800                             112  $            130,377,100                                 112  $                1,675,300                         -
Residential  $       4,156,548,095                         22,390  $         4,374,987,860                             22,668  $            218,439,765                     278
Exempt  $         529,957,700                             254  $            560,551,700                                 259  $              30,594,000                        5
Total  $       5,384,649,764                         23,272  $         5,683,300,769                             23,556  $            298,651,005                     284
Land Use Deferred  $             4,819,736                               29  $               5,505,531                                   29  $                   685,795                         -
Matoaca District
Commercial  $         602,961,995                             419  $            634,840,003                                 421  $              31,878,008                        2
Industrial  $             9,627,400                                 6  $               9,211,200                                     6  $                  (416,200)                         -
Residential  $       6,627,612,775                         28,468  $         7,093,149,511                             29,060  $            465,536,736                     592
Exempt  $         718,299,200                             444  $            721,015,000                                 449  $                2,715,800                        5
Total  $       7,958,501,370                         29,337  $         8,458,215,714                             29,936  $            499,714,344                     599
Land Use Deferred  $         136,011,430                             592  $            135,884,886                                 591  $                  (126,544)                       (1)
Midlothian District
Commercial  $       2,235,570,244                          1,447  $         2,299,149,146                              1,449  $              63,578,902                        2
Industrial  $           79,345,300                               75  $             87,100,200                                   74  $                7,754,900                       (1)
Residential  $       6,935,642,804                         24,130  $         7,296,221,077                             24,543  $            360,578,273                     413
Exempt  $         445,280,000                             228  $            450,017,600                                 223  $                4,737,600                       (5)
Total  $       9,695,838,348                         25,880  $       10,132,488,023                             26,289  $            436,649,675                     409
Land Use Deferred  $           10,986,452                               31  $             10,931,077                                   30  $                   (55,375)                       (1)
Above Figures Exclude All State Assessed Properties