HomeMy Public PortalAbout2009_04_14_O003 - 2009 Tax Rate
The Town of
Leesburg,
Virginia
PRESENTED Aoril14, 2009
ORDINANCE NO. 2009-0-003
ADOPTED April 14, 2009
AN ORDINANCE: AMENDING THE TOWN CODE SETTIN"G TAX RATES ON REAL
ESTATE, TANGIBLE PERSONAL PROPERTY, AND BANK CAPITAL
FOR TAX YEAR 2009
BE IT ORDAINED by the Council of the Town of Leesburg, Virginia as follows:
SECTION 1. That Section 17.1 of the Town Code is hereby amended to read as follows:
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 tax year beginning January 1 st and ending
December 31 st 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: Rate of
Tax per Classification of Property per $100.00 Assessed Value
(a) Real estate ... $().,+8 $0.195
(b) Vehic1es used as mobile homes or offices... ~ $0.195
(c) Aircraft ... 0.001
(d) All other tangible personal property... 1.00
(2) Taxes of all real estate and all tangible personal property of public
service corporations shall be as follows: Rate of Tax per Classification
of Property m $100.00 Assessed Value
(a) Real estate... $().,+8 $0.195
(d) All other tangible personal property... 1.00
-2-
AN ORDINANCE: AMENDING THE TOWN CODE SETTING TAX RATES ON REAL
ESTATE, TANGIBLE PERSONAL PROPERTY, AND BANK CAPITAL
FOR TAX YEAR 2009
(3) The tax on all bank capital shall be at the rate of $0.80 per $100.00 of
the net capital of banks located in the town pursuant to Title 58,
Chapter 10.01 of the Code of Virginia.
SECTION II. That all prior ordinances and resolutions in conflict herewith are hereby
repealed.
SECTION III. That 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. That this ordinance shall be effective immediately upon passage.
PASSED this 14th day of April 2009.
~~
. . mstattd, Mayor
Town of Leesburg