Any organization that wants the Board of Supervisors to consider designating that
organization as being exempt from property taxation shall meet those minimum criteria
set forth in Section 4-27-3 and shall submit the information required in Section 4-27-4 in the form of an application to the Director.
The Director shall prepare such application forms and all information submitted on
such forms shall be accurate and complete when submitted to the Director. The Director
may require additional information and/or clarifications concerning any such application,
and pursuant to Virginia Code §§ 58.1-3110 and 58.1-3111, the Director may summon
taxpayers and other persons for the purpose of determining whether property should
be exempted or whether taxes should be assessed. The Director is also authorized to
conduct periodic audits in the future of all approved exemption applicants to ensure
continued compliance with this Article. As part of such audit, the exemption applicant
may be required to resubmit any of the documentation as specified in Section 4-27-4 as may be required by the Director. The Department of Housing and Community Development
shall provide assistance to the Director as may be necessary.
If the Director determines that any application or applications are complete and meet
the minimum criteria set forth in Section 4-27-3, then the Director shall submit this information to the Board of Supervisors for
its consideration at public hearing as required by Virginia Code § 58.1-3651. The
Director shall also provide for consideration by the Board of Supervisors an estimate
of the applicant's property tax expenditure as a percentage of the applicant's revenue.
(19-11-4.)
