HomeMy Public PortalAbout2006_04_25_O006 Annual Rate and Levy of Taxes TY 2006
The Town of
Leesburg,
Virginia
PRESENTED: April 25. 2006
ORDINANCE NO. 2006-0-6
ADOPTED: Aoril25.2006
AN ORDINANCE: SUBSECTION (1 ) (TAXES ON ALL REAL ESTATE AND ALL
TANGIBLE PERSONAL PROPERTY, EXCEPT THE PROPERTY OF PUBLIC SERVICE
CORPORATIONS) AND SUBSECTION (2) (TAXES OF ALL REAL ESTATE AND ALL
TANGIBLE PERSONAL PROPERTY OF PUBLIC SERVICE CORPORATIONS) BOTH OF
SECTION 17-1 (ANNUAL LEVY AND RATE OF TAXES) OF ARTICLE 1 (IN GENERAL);
CHAPTER 17 (TAXATION AND LICENSES) OF THE CODE OF THE TOWN OF
LEESBURG, VIRGINIA, 1976, AS AMENDED TO SET THE REAL AND PERSONAL
PROPERTY TAX RATES FOR TAX YEAR 2006.
THE TOWN COUNCIL OF LEESBURG HEREBY ORDAINS:
Section 1. Subsection (1) (TAXES ON ALL REAL ESTATE AND ALL TANGIBLE
PERSONAL PROPERTY, EXCEPT THE PROPERTY OF PUBLIC SERVICE
CORPORATIONS) and Subsection (2) (TAXES OF ALL REAL ESTATE AND ALL
TANGIBLE PERSONAL PROPERTY OF PUBLIC SERVICE CORPORATIONS) both of
Section 17-1 (ANNUAL LEVY AND RATE OF TAXES) of Article 1 (IN GENERAL);
CHAPTER 17 (TAXATION AND LICENSES) of the Code of the Town of Leesburg, Virginia,
1976, as amended TO SET THE REAL AND PERSONAL PROPERTY TAX RATES FOR
TAX YEAR 2006 to read as follows:
Sec. 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 1st and
ending June 30th for the support of the Town government, payment of interest on Town debt and
for other Town purposes. Each 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
Rate of Tax per $100.00 Assessed Value
a.
b.
c.
d.
Real estate . .
Vehicles used as mobile homes or offices. .
Aircraft . .
All other tangible personal property . .
~ $0.18
~ $0.18
$0.001
$1.00
-2-
AN ORDINANCE: Subsection (1) (TAXES ON ALL REAL ESTATE AND ALL
TANGIBLE PERSONAL PROPERTY, EXCEPT THE PROPERTY OF PUBLIC SERVICE
CORPORATIONS) and Subsection (2) (TAXES OF ALL REAL ESTATE AND ALL
TANGIBLE PERSONAL PROPERTY OF PUBLIC SERVICE CORPORATIONS) both of
Section 17-1 (ANNUAL LEVY AND RATE OF TAXES) of Article 1 (IN GENERAL);
CHAPTER 17 (TAXATION AND LICENSES) of the Code of the Town of Leesburg, Virginia,
1976, as amended TO SET THE REAL AND PERSONAL PROPERTY TAX RATES FOR
TAX YEAR 2006.
(2) Taxes of all real estate and all tangible personal property of public service
corporations shall be as follows:
Classification of Property
Rate of Tax per $100.00 Assessed Value
a.
b.
Real estate . .
Tangible personal property. .
~ $0.18
$1.00
SECTION II. All prior ordinances and resolutions in conflict herewith are hereby
repealed.
SECTION III. If any provision of this ordinance is declared invalid, the decision shall not
affect the validity of the ordinance as a whole or any remaining provisions of the ordinance.
SECTION IV. This ordinance shall be in effect upon its passage.
PASSED this 25th day of April 2006.
~~
. C. mstattd, Mayor
Town of Leesburg
ATTEST:
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