Ray Ferris

In Roanoke City the average property tax hike proposed for the next fiscal year is just over 3 percent.  (2.57% for single family homes, commercial is up 3.68% from last year). That was revealed at a City Council session this morning. While that means more property owners will pay higher taxes when the new fiscal year starts it also means their real estate has a higher assessed value. Notices went out today; there is an appeals process for those that do not agree with their assessment. Councilman Ray Ferris saw the positive side: