Tax Rates

April 29, 2019 by Glenn Nix

 

The Board of Supervisors sets the tax rates each year during the budget adoption process. Pursuant to Sections 15.2-2503, 15.2-2506, 22.1-93 and 58.1-3007 of the Code of Virginia, 1950, as amended, the Board holds a public hearing on the proposed budget for the following fiscal year and for any proposed increase in tax rates.

 

2019 Tax Rates

 

Real Estate (including residential mobile homes): $.62 per $100 of assessed valuation
Auto, Trucks, Motorcycles, and Trailers $2.10 per $100 of assessed valuation
Boats and Boat Motors (under 5 tons) $0.98 per $100 of assessed valuation
Boats (5 tons & over) $0.62 per $100 of assessed valuation
Airplanes $2.10 per $100 of assessed valuation
Other: Campers, RV, Jet Skis, etc. $1.75 per $100 of assessed valuation
Business Equipment $3.50 per $100 of assessed valuation
  (assessed at 10% of original cost)
Antique vehicle (must have antique/vintage tags) No tax
Machinery & Tools No tax
Mopeds No Tax