The city’s revamped zoning ordinance makes property development rules more flexible, which could spur new development that would benefit Martinsville by increasing the tax base, according to officials.
But it will not result in changes to tax assessment values for individual properties, at least not before the next citywide revaluation in 2019, Commissioner of the Revenue Ruth Easley told Martinsville City Council during a public hearing on the ordinance Tuesday night.
Several area residents asked questions and made comments about the revamp during the hearing. The council extended the hearing until its June 27 session to give the Martinsville Planning Commission and city Department of Community Development staff time to respond to the remarks and then give people a chance to comment on the responses.
