2015/2016 Assessment Facts as of January 1, 2016
Taxable Value Increases
2015 2016 Difference
Commercial New Construction / Growth  $            96,366,700  $           189,223,300  $            92,856,600
Commercial Revaluation  $           124,236,100  $           140,194,000  $            15,957,900
Residential New Construction / Growth  $           380,819,500  $           407,303,500  $            26,484,000
Residential Revaluation  $           698,348,310  $           629,085,772  $           (69,262,538)
Miscellaneous Adjustments  $             (1,121,978)  $            (17,672,143)  $           (16,550,165)
Total  $        1,298,648,632  $         1,348,134,429  $            49,485,797
County
2015 Assessment 2015 Parcel Count 2016 Assessment 2016 Parcel Count Value Change Parcel Change
Exempt  $         2,383,391,100                        1,586  $         2,499,340,200                        1,582  $      115,949,100                       (4)
Taxable  $       32,079,616,594                     127,377  $       33,427,751,023                     129,210  $   1,348,134,429                  1,833
Total  $       34,463,007,694                     128,963  $       35,927,091,223                     130,792  $   1,464,083,529                  1,829
Land Use Deferred  $           163,142,206                           703  $           171,728,277                           722  $         8,586,071                       19
Commercial  $         5,665,132,062                        5,191  $         5,904,386,360                        5,217  $      239,254,298                       26
Industrial  $         1,311,057,048                        1,114  $         1,359,763,618                        1,120  $        48,706,570                        6
Residential  $       25,103,427,484                     121,072  $       26,163,601,045                     122,873  $   1,060,173,561                  1,801
Exempt  $         2,383,391,100                        1,586  $         2,499,340,200                        1,582  $      115,949,100                       (4)
Total  $       34,463,007,694                     128,963  $       35,927,091,223                     130,792  $   1,464,083,529                  1,829
Bermuda District
Commercial  $         1,399,197,538                        1,993  $         1,438,598,412                        1,998  $        39,400,874                        5
Industrial  $           900,511,148                           616  $           942,835,618                           620  $        42,324,470                        4
Residential  $         4,089,092,974                      23,370  $         4,208,377,095                      23,458  $      119,284,121                       88
Exempt  $           516,083,800                           467  $           531,855,200                           471  $        15,771,400                        4
Total  $         6,904,885,460                      26,446  $         7,121,666,325                      26,547  $      216,780,865                     101
Land Use Deferred  $             12,534,740                             51  $             12,693,475                             53  $            158,735                        2
Clover Hill District
Commercial  $         1,106,000,963                           844  $         1,165,083,401                           844  $        59,082,438                         -
Industrial  $           201,450,700                           307  $           204,323,500                           307  $         2,872,800                         -
Residential  $         4,924,602,959                      25,306  $         5,118,587,471                      25,464  $      193,984,512                     158
Exempt  $           311,405,700                           189  $           318,638,000                           186  $         7,232,300                       (3)
Total  $         6,543,460,322                      26,646  $         6,806,632,372                      26,801  $      263,172,050                     155
Land Use Deferred  $               5,111,378                             13  $               5,031,628                             12  $             (79,750)                       (1)
Dale District
Commercial  $           508,850,082                           503  $           561,395,448                           509  $        52,545,366                        6
Industrial  $           122,727,000                           110  $           128,022,100                           112  $         5,295,100                        2
Residential  $         3,813,965,035                      22,095  $         3,956,353,114                      22,313  $      142,388,079                     218
Exempt  $           518,337,700                           257  $           520,466,000                           255  $         2,128,300                       (2)
Total  $         4,963,879,817                      22,965  $         5,166,236,662                      23,189  $      202,356,845                     224
Land Use Deferred  $               5,641,183                             29  $               5,734,838                             30  $              93,655                        1
Matoaca District
Commercial  $           574,624,924                           415  $           589,717,125                           419  $        15,092,201                        4
Industrial  $             10,332,600                              6  $               9,627,400                              6  $           (705,200)                         -
Residential  $         5,943,982,147                      26,976  $         6,256,513,543                      27,833  $      312,531,396                     857
Exempt  $           650,464,400                           452  $           705,311,100                           443  $        54,846,700                       (9)
Total  $         7,179,404,071                      27,849  $         7,561,169,168                      28,701  $      381,765,097                     852
Land Use Deferred  $           129,840,129                           579  $           137,877,832                           598  $         8,037,703                       19
Midlothian District
Commercial  $         2,076,458,555                        1,436  $         2,149,591,974                        1,447  $        73,133,419                       11
Industrial  $             76,035,600                             75  $             74,955,000                             75  $        (1,080,600)                         -
Residential  $         6,331,784,369                      23,325  $         6,623,769,822                      23,805  $      291,985,453                     480
Exempt  $           387,099,500                           221  $           423,069,900                           227  $        35,970,400                        6
Total  $         8,871,378,024                      25,057  $         9,271,386,696                      25,554  $      400,008,672                     497
Land Use Deferred  $             10,014,776                             31  $             10,390,504                             29  $            375,728                       (2)
Above Figures Exclude All State Assessed Properties