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HomeMy Public PortalAbout1995_05_09_R097The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 95-97 SETTING REAL RATES FOR 1995 PRESENTED May 9 ~ 1995 ADOPTED May 9, 1995 PROPERTY AND PERSONAL PROPERTY TAX WHEREAS, the town manager has submitted a budget to the Leesburg Town Council for the fiscal year ending June 30, 1996, without the need for an increase in tax rates for real property and personal property for 1995 taxes; and WHEREAS, it is the Council's desire that the real property and personal property tax rates for 1995 remain unchanged: THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The tax rate on all real property, vehicles used as mobile homes or offices and public service corporation real property shall be $0.205 per $100 of assessed valuation. SECTION II. The tax rate on all tangible personal property and public service corporation personal property shall be $1.00 per $100 of assessed valuation. SECTION III. The tax rate on aircraft and motor vehicles owned by individuals qualifying for tax relief shall be $0.001 per $100 of assessed valuation. PASSED this 9th day of May ,1995. ATIIEST: Clerk of Council em, Mayor Town of Leesburg R:tax.rates