24-245
Calendar Year 2024 Personal Property Tax Rate. To receive public comment on its proposed increase in the tax rate from $3.42 per $100 of assessed value to $3.96 per $100 of assessed value, on all classes of property subject to taxation by the County pursuant to Chapter 15, Article 8 of the County Code, including tangible personal property; tangible personal property employed in a trade or business that is not otherwise classified as machinery and tools; merchants’ capital; short-term rental property, with an original cost of less than $500; and machinery and tools, as enabled by Title 58.1, Chapter 35 of the Code of Virginia (1950), as amended, to be effective on and after January 1, 2024.
- Committee
- Board of Supervisors
- Requested by
- Finance & Budget
- Introduced
- April 5, 2024
- On agenda
- April 24, 2024
Where it was heard
Board of SupervisorsWatch Albemarle County
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