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What are supplemental tax bills?

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What are supplemental tax bills?

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Your local taxing authority will issue a supplemental bill for an additional tax due when the current value of your home is more than the previous assessed value on which the original tax was based. This bill is sometimes issued after the property has been purchased or refinanced and is generally paid directly by you as the homeowner. However, if there is a sufficient excess in your escrow account with VHDA to cover the total payment of your tax bills at the time due, then VHDA will pay the supplemental tax bill for you out of your escrow account. You should call our Customer Service Department and talk to a representative whenever you receive any supplemental tax bills pertaining to your property.

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