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.