From the Daily News Record we learn that with the latest City assessment,
the 173 parcels in the downtown business district had a median 25.22 percent increase in assessed value.
That's great news for downtown property owners, as the value of their properties have increased --- but not so great news for those same owners from a property tax perspective.
And from a larger perspective, I think it's terrific news, as it shows that
downtown Harrisonburg is continuing to be a great place to
live,
work,
eat,
shop,
play and more.