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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.

Resolution Public Hearing Introduced April 5, 2024
Committee
Board of Supervisors
Requested by
Finance & Budget
Introduced
April 5, 2024
On agenda
April 24, 2024

Where it was heard

Board of Supervisors Apr 24, 2024