HomeMy Public PortalAboutTOL PR 2014-06-24 Pro-Ration of Personal Property Taxes
Town of Leesburg
News Release
For Immediate Release
Leesburg Eliminates Pro-Ration of Personal Property Taxes
Taxpayers will receive a “tax holiday” for the 2014 tax year.
Leesburg, VA (June 24, 2014) – The Leesburg Town Council recently amended the Town Code
regarding Town personal property taxes. Beginning with the 2015 tax year, the Town will no longer
pro-rate personal property taxes on automobiles, motorcycles, RVs, other motor vehicles and
trailers. In addition, the due date for payment of personal property taxes was changed from
October 5th to May 5th of each year.
As a result of these changes, taxpayers will not receive personal property tax bills in September
2014. The next personal property tax bills will be mailed to taxpayers in April 2015 and will be due
on May 5, 2015. The 2015 tax bills will be based on the assessed value of personal property located
in the Town of Leesburg as of January 1, 2015.
If a taxpayer sells or transfers a motor vehicle after January 1, 2015, the personal property taxes on
that vehicle will not be pro-rated and the taxpayer will be billed for the full 2015 tax amount, due
on May 5, 2015. If a taxpayer purchases a new vehicle after January 1, 2015, the taxpayer will not
owe personal property taxes on the new vehicle for 2015 and will not be billed for personal
property taxes until 2016. These changes in Leesburg’s personal property taxes do not affect the
requirement to register a new vehicle with Loudoun County and the Town, and to obtain a Town
decal, within 30 days of acquiring the vehicle.
Delinquent personal property taxes through the 2013 tax year will be pro-rated on a case-by-case
basis. Delinquent personal property tax bills for the 2013 tax year were mailed in May 2014.
Additional collection procedures will be implemented for delinquent tax bills for tax years 2009
through 2012.
For more information about the changes to personal property taxes and motor vehicle licensing
fees (decals), please contact Bob Berkey, Finance Operations Manager, at 703-737-7016 or
bberkey@leesburgva.gov.
Contact:
Betsy Fields
Research & Communications Manager
bfields@leesburgva.gov
703-771-2734
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