Personal Property Tax Rates

MEMORANDUM 

DATE:  June 29, 2017

TO:  Judy S. Hart, Commissioner of the Revenue

FROM:  Neiman C. Young, PhD, County Administrator

RE:  Tax Rates for Fiscal Year beginning July 1, 2017

 

At its meeting of Tuesday, April 18, 2017, the King George County Board of Supervisors adopted the following tax rates for Tax Year 2016:

Fiscal Year                   Real  Estate         Mobile Homes         Personal Property        Machinery & Tools

Beginning July 1, 2017         $0.70                       $0.70                          $3.50                                $2.50

 

All rates are based on $100 per assessed valuation at fair market value.

The Board established the rate of personal property tax relief at 33% at its April 18, 2017 meeting.  If you require any additional information, please let me know.  

 

 

cc:  Jamie Carter, Interim Director of Finance,

Randy Jones, Treasurer

 

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