2006 Code of Virginia § 58.1-3373 - Permanent board of equalization

58.1-3373. Permanent board of equalization.

Any county or city which uses the annual assessment method or the biennialassessment method authorized under 58.1-3253 in lieu of periodic generalassessments, may elect to create a permanent board of equalization in lieu ofthe board of equalization required under 58.1-3370 and 58.1-3371. Suchboard shall consist of three or five members to be appointed by the circuitcourt of such county or city, or the circuit court having jurisdiction withinsuch city, as follows: In the case of a three-member board, one member shallbe appointed for a term of one year, one member shall be appointed for a termof two years, and one member shall be appointed for a term of three years. Inthe case of a five-member board, one member shall be appointed for a one-yearterm, one member shall be appointed for a two-year term, and three membersshall be appointed for a three-year term. However, for any county operatingunder the county executive form of government, the number of members of thepermanent board of equalization shall be no less than three nor more than thenumber of districts for the election of members of the board of supervisorsin the county, and the members of the permanent board of equalization shallbe appointed by the circuit court of such county for three-year terms. As theterms of the initial appointees expire, their successors shall be appointedfor terms of three years. Members of such boards shall have thequalifications prescribed by 58.1-3374, and shall conduct their business asrequired by 58.1-3378. The compensation of the members of any such boardsshall be fixed by the governing body.

(Code 1950, 58-898.1; 1979, c. 577; 1984, c. 675; 1989, c. 390; 1995, c.24.)