Personal Property Tax Rates

MEMORANDUM 

DATE:  April 20, 2016

TO:  Judy S. Hart, Commissioner of the Revenue

FROM:  A. Travis Quesenberry, P.E., County Administrator

RE:  Tax Rates for Fiscal Year beginning July 1, 2016

 

At its meeting of Tuesday, April 19, 2016, 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, 2016         $0.68                       $0.68                          $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 34% at its April 19, 2016 meeting.  If you require any additional information, please let me know.  

 

cc:  Robyn Shugart, Director of Finance, Randy Jones, Treasurer

 

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