The City Assessor is responsible for listing and keeping the records for all real and personal property in the City of Richmond.
Real property is generally land and all things attached to it.
Personal property would include machinery and equipment and is generally claimed by commercial and industrial businesses. The City Assessor is an administrative officer of the City and is appointed by the City Manager with approval of the City Council and works under the direction of the City Manager. Every year the Assessor is required by state law to individually place an assessment equal to fifty percent of true cash value on all property in the jurisdiction. An assessment roll is created from these assessments and is one of the factors in determining the property tax bill. In 1994 Proposal A was passed which says taxes will be based on taxable value.