PETERSBURG, Va. (WWBT) – Petersburg is offering some relief for those who own a home in the city.
The city council voted to cut the real estate tax rate by eight cents, or around six percent.
That will bring the rate down to $1.27.
Of course, homeowners will still likely pay more in real estate taxes this year because real estate assessments are up 13 percent.
Copyright 2022 WWBT. All rights reserved.
Want NBC12’s top stories in your inbox each morning? Subscribe here.