Taxes & Real Estate
General Property Taxes
- Real Property tax - $0.13 per $100 of assessed value
- Personal Property Tax - $0.51 per $100 of assessed value
- Public Service Real Property - $0.13 per $100 of assessed value
- Public Service Personal Property - $0.51 per $100 of assessed value
- Machinery and Tool Tax - $0.17 per $100 of assessed value based on original cost and declining depreciation over a seven-year period, until the effective rate at year seven is $0.07 per $100 assessed value. Interest at an annual rate of 10% per annum shall be charged on any unpaid general property taxes commencing on the first day of the month following the due date of the unpaid taxes.
Other Local Taxes
- Bank Stock Tax - Maximum allowed by Code of Virginia
- Cellular Telephone Tax - 10% of monthly gross charge, not to exceed $3
- Cigarette Tax - $0.10 per pack
- Consumer Utility Tax - 10% of monthly gross charge, not to exceed $2 for residential service; $5 for commercial service; $15 for industrial service
- Franchise License Tax - 5% of gross receipts from non-exclusive cable television franchise agreement
- Meals Tax - 5% of prepared food sold
- Motor Vehicle License Fee:
- Autos, trucks and trailers - $25
- Motorcycles - $18
- Trailers:
- Less than 1,500 pounds - $0
- 1,501 to 4,000 pounds - $20
- Over 4,000 pounds - $25
- Transient Occupancy Tax - 7.5% on charges for overnight lodging
Business Licenses
Business License Application and Tax Instructions (PDF)
- BPOL Alcoholic Beverages - $50 for on- and off-premises.
- BPOL Contracting - $0.16 per $100 of gross receipts
- BPOL Direct Sales - $0.13 per $100 of gross receipts
- BPOL Professional - $0.50 per $100 of gross receipts
- BPOL Repairs and Personal Service - $0.30 per $100 of gross receipts
- BPOL Retail - $0.13 per $100 of gross receipts
- BPOL Wholesale - $0.05 per $100 of purchases
- BPOL Miscellaneous - as included in BPOL Ordinance adopted January 1, 1997.