Bristol Virginia Property Owners Are Going To Be Paying Higher Taxes This Year. The City Council Decided To Raise The Real Estate Tax Six Cents, To $1.07 Cents Per 100 Dollars Of Assessed Value. That Means Someone With A 100-Thousand Dollar Home Will Be Paying An Additional 60 Dollars A Year. Meanwhile, The City Plans To Roll Back A Two Dollar Monthly Increase In Residential Trash Pickup, Which Will Be A Net Savings Of 24 Dollars Annually. The New Tax Increase Will Appear On The Upcoming Tax Bills Which Will Be Due In December.