The Portsmouth City Council held a work session and regular meeting on February 25, 2025, at 9:30 AM. The meeting included two presentations: the annual real estate reassessment report and a presentation from Communities and Schools of Hampton Roads. The council also considered eight items in the city manager's report, heard public comments, and discussed ongoing city issues.
Eight items were presented by City Manager Mr. Carter (seven ordinances, one resolution), all approved 5-0. Items included:
So that we can begin the meeting. Good evening, citizens of Corsmith. And all in attendance. Also, I want to acknowledge my colleagues on City Council, Mr. Carter, our city manager sitting in for our city attorney is Mr. Challenger, and also our city clerk, Miss Deborah White. Thank you all for being here this afternoon. And with that, we will open up the public work session. Mr. Carter, sir, you have the floor. Oh, sorry. Thank you, Madam Clerk. We're ready. To my colleagues, if you would please note your attendance electronically. Six members of the city council are present. Thank you, ma'am. Sir, you have the floor. Thank you, Mayor. Good evening, Mayor. Uh, my colleagues and the rest of the city council. Uh, thank you for being here this evening, two honored guests who are in the audience. We have a couple of presentations for you this evening. Uh, the first one is going to be by our uh city assessor, Mr. Steve Edwards. He's going to bring his reassessment report, followed by the communities and schools of Hampton Roads. Uh, we'll introduce them after uh Mr. Edwards finish his presentation. Mr. Edwards. All right. Good evening, Mayor Glover, Vice Mayor Moody, members of council, my uh fellow appointees, and the millions of assessment fans watching online. Okay. Hi. Thank you for having me to discuss the methods, analysis, and conclusions in the annual real estate reassessment for the fiscal year 2526. In the next few slides, I will discuss the authority and responsibilities of the assessor, our mission, and day-to-day functions of staff. And uh I will brief you on market conditions for the 2024 calendar year and uh present the proposed assessments and talk briefly about the next steps in the process. First off, the authorities and responsibilities are given to me pursuant to Title 58.1 of the Code of Virginia. It is the duty of the appointed city assessor to list and maintain records on all real property, which is real estate within the city of Portsmouth and make and to ensure that assessments are conducted in a fair, equitable manner upon all city property owners. State code requires assessments to be uniform among classes of property within geographical boundaries. What is fair market value? The recognized definition of fair market value in Virginia arose from a 1958 Supreme Court case entitled Tucko Women's Club versus the City of Richmond. The definition states that fair market value is the price a property will bring when it is offered for sale by one who desires but is not obligated to sell and bought by one who is under no necessity of having it. The mission of the assessor's office, and some of these are kind of redundant because you see them every year. The mission of the office of the city assessor is to appraise all real property throughout the city in a fair and equitable manner as mandated by the code of the state of Virginia, the code of the city of Portsmouth in accordance with the professional guidelines set forth by the International Association of Assessing Officers. This mission will be carried out in a courteous, efficient, and professional manner by well-trained staff dedicated to the service of citizens of Portsmouth. The day-to-day functions of the office, and this is not an all-inclusive list, but it's just some highlights. We provide assistance to the public, customer service, inspect and collect data on all new construction, review and update records on existing properties, process and validate property transfers, perform statistical analysis, process parcel combinations and subdivisions, analyze and process changes and data documentation resulting from changes in assessment valuation. We also process real estate programs and effects of real estate as uh excuse me, process real estate programs and effects home real estate as an application or oversight function of the assessment process and any outcome changes in valuation. And we also work interactively with all other offices and departments within the city. Now, the next slide is one of my favorites because this is what everybody thinks we do.