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HomeMy Public PortalAbout1994_04_26_R088The Town of Leesburg, Virginia RESOLUTION NO.94-88 A RESOLUTION: PRESENTED April 26, 1994 ADOPTED April 26, 1994 STATING OPPOSITION TO THE PROPOSED AIRCRAFT PERSONAL PROPERTY TAX RATE INCREASE BY THE COUNTY OF LOUDOUN WHEREAS, the personal property tax rate on aircraft was reduced substantially by both the County of Loudoun and the Town of Leesburg in 1983, to promote economic development and the growth of both Dulles International Airport and its designated reliever facility, Leesburg Municipal Airport; and WHEREAS, both Dulles International Airport and Leesburg Municipal Airport have benefited from the reduced rate on aircraft personal property tax during the past decade; and WHEREAS, the County of Loudoun has proposed an increase in the aircraft personal property tax rate from $ .01 to $ .05 for fiscal year 1995; and WHEREAS, the County of Loudoun will conduct a public hearing on the proposed tax rate increase on May 4, 1994; and WHEREAS, the proposed rate increase affects both aircraft based at Dulles International Airport as well as Leesburg Municipal Airport; and WHEREAS, the owners of aircraft based at the Leesburg Municipal Airport pay to the Town of Leesburg an established annual user fee in lieu of increased personal property taxes; and WHEREAS, the Leesburg Economic Development Commission and the Leesburg Airport Commission have stated their opposition to the proposed, unjustified, county tax rate increase; and WHEREAS, the Federal Aviation Administration has designated the Leesburg Municipal Airport as a General Aviation Reliever Airport with the purpose of accommodating non-commercial aircraft business to compliment the services provided at Dulles International Airport; and -2- A RESOLUTION: STATING OPPOSITION TO THE PROPOSED AIRCRAFT PERSONAL PROPERTY TAX RATE INCREASE BY THE COUNTY OF LOUDOUN WHEREAS, the long-term vitality of the Leesburg Municipal Airport depends on the continued ability to attract corporate aircraft to base at Leesburg; and WHEREAS, Leesburg Municipal Airport is already at a present competitive economic disadvantage to nearby Frederick Municipal Airport, as there is no aircraft personal property tax levied in the State of Maryland; and WHEREAS, the Leesburg Municipal Airport contributes an estimated $ 42 million in total economic impacts to the county annually; however, the County of Loudoun does not financially support the Leesburg Municipal Airport from which it benefits: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The proposed Loudoun County increase in the aircraft personal property tax rate from $ .01 to $ .05 is hereby opposed by the Town of Leesburg due to its potential negative economic impact on the Leesburg Municipal Airport. Such a tax rate increase may be justified only if the County of Loudoun is willing to establish financial support for or is proposing to increase the levels of service provided to the Leesburg Municipal Airport. SECTION II. The Town of Leesburg, with this resolution, hereby requests that the County of Loudoun work with the town to develop county-wide and/or regional financial support and marketing for the Leesburg Municipal Airport, a designated General Aviation Reliever Airport for Dulles International Airport. PASSED this 26th day of April, 1994. Clerk of Council James E. Clem, Mayor Town of Leesburg R:airtax