HomeMy Public PortalAbout1996_05_01_O012The Town of
Leesburg,
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ORDINANCE NO.
AN ORDINANCE:
PRESENTED Bay 1, 1996
96-0-12 ADOPTED ~4ay 1, 1996
AMENDING ARTICLE 1 OF CHAPTER 17 OF THE TOWN CODE TO
REVISE THE REAL ESTATE TAX RATE FOR 1996
WHEREAS, the proposed budget for fiscal year 1997 is balanced with a real estate tax rate
of $0.21 per $100 assessed value for 1996 real estate taxes.
THEREFORE, ORDAINED by the Council of the Town of Leesburg in Virginia as follows:
SECTION I. Section 17-1 of the Town Code is amended to read as follows:
Section 17.1. Annual Levy_ and Rate of Taxes.
Taxes shall be levied and collected as provided by law on taxable real estate, tangible
personal property and bank capital in the town for each fiscal year beginning July 1 and
ending June 30 for the support of the town government, payment of interest on town debt,
and for other town purposes. Every person assessed taxes by the town shall pay them as
required by law.
(1) Taxes on all real estate and all tangible personal property, except the
property of public service corporations, shall be as follows:
Classification of Property
(a) Real Estate
(b) Vehicles uses as mobile homes
of offices
(c) Aircraft
(d) All other tangible personal property
(2)
Rate of Tax per
$100 Assessed Value
$0.205 $0.21
$0.205 $0.21
$0.001
$1.00
Taxes on all real estate and alltangible personal property of public
service corporations shall be as follows:
-2-
Classification of Proper _ty
(a) Real estate
(b) Tangible personal property
Rate of Tax per
$100 Assessed Value
$0.205
$1.00
$0.21
SECTION II. All prior ordinances and resolutions in conflict herewith are repealed.
SECTION III. This ordinance shall be in effect upon its passage for tax year 1996.
PASSED this 1st day of lqay ,1996.
· Clem, Mayor
Leesburg
ATTEST:
Clerk of Council
O:real-tax