CHARLOTTESVILLE, Va. (CBS19 NEWS) – It’s the time of year most people dread: tax season.

The Charlottesville City Council discussed proposed property tax increases, which could have a big impact on the people who live here.

On Monday evening, council voted to propose a tax rate of $1.05 per $100 of assessed value. That’s an increase of about 10 cents. Add to that a big jump in property assessment, and the city’s ratepayers could be faced with big bills.

This chart, presented at Monday’s meeting, shows what could happen to your taxes.

The highlighted bar shows what people paid in 2021. For a $410,000 home, the median home value in Charlottesville, homeowners paid nearly $3,500.

If the rate stays the same, that same owner will pay even more, $3,900, according to the new valuations.

But if you add the new assessment with the proposed 10% tax hike, that bill jumps to $4,300, a difference of about $800 a year.

And while some councilors see the need, Mayor Lloyd Snook says he’s not so sure.

“I’ve been saying for years that I think Charlottesville is undertaxed. That’s not to say we shouldn’t raise overtime taxes, but this particular year is just a terrible time to do it,” he said. -he declares.

Councilors have agreed to advertise the proposed ten cent change in the newspaper, but agree they need to have more conversations about the possible pros and cons.

Councilman Brian Pinkston says he thinks they might meet somewhere in the middle and work out a compromise with 7.5 cents per $100 of assessed value.