Q: When are property taxes due in Prince George County?
A: Real estate property taxes for fiscal year 2025 are due June 16, 2026. Business personal property taxes are due June 5, 2026. These dates may shift slightly if they fall on weekends or holidays.
Q: What tax credits are available and how do I apply?
A: Prince George County offers several tax credits including elderly/disabled homeowner credits, disabled veteran exemptions, and surviving spouse benefits. All credits require annual application through the Real Estate Assessor's Office. Applications typically must be filed by April 1st for the following tax year, though deadlines vary by credit type.
Q: How does the homestead exemption work?
A: Virginia's homestead exemption caps annual assessment increases for qualifying elderly and disabled homeowners, limiting the growth to a maximum percentage each year rather than reducing the property's market value. This credit requires application and re-certification, and eligibility is based on income and age/disability requirements.
Q: How often are properties reassessed?
A: Prince George County conducts property assessments annually, with new assessed values taking effect each January 1st for the following fiscal year. Property owners receive assessment notices in early spring and have the right to appeal through formal procedures if they believe the assessment is incorrect.
Q: What are the penalties for late payment?
A: Late payments incur interest charges and penalties as specified in Virginia state law. Additionally, unpaid property taxes can result in tax liens against the property and eventual tax sale proceedings if not resolved.
Q: Can I pay my property taxes online?
A: Yes, Prince George County offers online payment options through their official website. Property owners can pay by electronic check or credit card, though credit card payments may incur processing fees.
Q: Do I pay different rates based on where I live in the county?
A: No, Prince George County does not have special taxing districts, so all property owners pay the same base rate of $0.82 per $100 of assessed value regardless of location within the county.
Q: What if I disagree with my property assessment?
A: Property owners can appeal their assessments through the county's Board of Equalization during the designated appeal period, typically in spring following the assessment notice. The appeal process includes specific deadlines and documentation requirements that must be followed precisely.