Shenandoah leaves all tax rates the same for 2020

Money

By Randy Arrington

SHENANDOAH, April 14 — With little discussion or fanfare, the Shenandoah Council voted unanimously this week to leave all tax rates right where they are for the 2020 tax year.

The council took roll call votes by phone Tuesday night in unanimously approving two separate ordinances to maintain the current tax rates. The first motion kept the tax rates for real estate and mobile homes at 34 cents per $100 of assessed value.

The motion furthers states that, “The dollar assessment values established by the Commissioner of the Revenue of Page County, Virginia for Real Estate owned as of January 1, 2020, shall be used by the Town of Shenandoah for 2020 Corporation Tax purposes.”

The second motion that council unanimously passed kept all tax rates the same for personal property, machinery and tools, and vehicle fees. While personal property remains at 40 cents per $100 of assessed value, the adopted ordinance contains several exemptions:

  • Personal use vehicles valued at $1,000 or less will be eligible for 100-percent tax relief;
  • Personal use vehicles valued at $1,001 to $20,000 will be eligible for tax relief at a percentage rate which will be decided by the Town Manager and Treasurer after vehicle totals are assessed by the Commissioner of Revenue and edited to see what percentage rate will apply;
  • Personal use vehicles valued at $20,001 or more shall only be eligible for tax relief at a percentage rate which will be decided by the Town Manager and Treasurer after vehicle totals are assessed by the Commissioner of Revenue and edited to see what percentage rate will apply on the first $20,000 of value.

The machinery and tools tax remains at 40 cents per $100 of assessed value.

Vehicle license fees will remain at $25 for cars, trucks, trailers and campers — while motorcycle license fees remain at $15.

Typically, council members sign the tax rate ordinances at the meeting and make them official. However, due to the Stay At Home Order issued by the governor to help prevent the spread of COVID-19, Town Manager Juanita Roudabush will now have to drive the documents around to each councilman for their signature. That was planned to take place by the end of the week, as the documents need to be forwarded to the Commissioner of Revenue.

The Shenandoah Council met through a conference call Tuesday night, and they plan to do the same for their next meeting on Tuesday, April 28. A number will be provided prior to the meeting on the town’s website and Facebook page in order for citizens to join the meeting. 

Top Post Ad

Be the first to comment

Leave a Reply

Your email address will not be published.


*