Pursuant to § 58.1-3293 of the Code
of Virginia, 1950, as amended, when from natural decay or other causes
any previously assessed building and enclosure as aforesaid is either
wholly destroyed or reduced in value below $100, the Commissioner
of the Revenue shall deduct from the charge against the owner the
value at which such building and enclosure may have been assessed;
and it the value of the building has been impaired by violence to
the extent of $100 or more, the Commissioner shall assess the building
in its present condition and reduce the charge for the same to the
amount so assessed.
Effective January 1, 2010, pursuant to § 58.1-3373
of the Code of Virginia, 1950, as amended, there is hereby created
a permanent Board of Equalization consisting of five members to be
appointed by the Circuit Court of the County of Frederick. One member
of the Board of Equalization shall be appointed for a one-year term,
one member shall be appointed for a two-year term, and three members
shall be appointed for a three-year term. As the terms of the initial
appointees expire, their successors shall be appointed for terms of
three years. Members of the Board of Equalization shall have the qualifications
prescribed by § 58.1-3374 of the Code of Virginia, 1950,
as amended, and shall conduct their business as required by § 58.1-3378
of the Code of Virginia, 1950, as amended. The Board of Supervisors
shall determine the amount of compensation of the members of the Board
of Equalization.