Thu04242014

Last updateTue, 04 Nov 2014 9pm

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Stan’s Skateland is still rocking & rolling in Montross

Stan’s Skateland is still rocking & rolling in Montross

Westmoreland County business-man Stan Schoppe spends much of each week working to preserve a part of...

Washington and Lee Hosts Career Fair

Washington and Lee Hosts Career Fair

Twenty-nine local businesses made their annual visit to the Washington and Lee High School Career Fa...

WM Girl Scouts are Prepared

WM Girl Scouts are Prepared

Girl Scout Cadettes and Seniors of Girl Scout Troops 159 and 3212 in Westmoreland County met with Va...

Ribbon Cutting 2014 Caroline County Family YMCA

Ribbon Cutting 2014 Caroline County Family YMCA

Ten years ago, Barney Reiley, CEO of the Rappahannock Family YMCA group, met with the Caroline Count...

Weather has delayed the opening of new Westmoreland Judicial Center

Westmoreland County Executive Norm Risavi said this week that weather problems have delayed the open...

Showing their support

Showing their support

On Tuesday, March 10, 21 persons participated at the Westmoreland County Sheriff’s Office to have th...

 

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Rate set for personal property tax relief

The Westmoreland supervisors met last Friday and adopted a resolution that establishes the jurisdiction’s personal property tax relief rate for the 2011 tax year.

Commissioner of Revenue Carol Gawen told the supervisors that the commissioner’s office had double- and triple-checked the math and felt confident the numbers were correct. Relief had been dropped a percentage point when compared to relief conveyed one year before.

“The cost of new cars is higher,” County Administrator Norm Risavi then explained. A previously established sum held in

escrow by Westmoreland County had to be equitably distributed.

The supervisors adopted a measure not unlike previous years’ tax relief provisions. Personal use vehicles valued a $1,000 or less get 100 percent relief. Personal use vehicles of values between $1,001 and $20,000 are eligible for 50 percent relief and personal vehicles valued over $20,000 receive no personal property tax relief. Vehicles not meeting the definition of qualifying personal use vehicles include business and farm vehicles and motor homes.

The 1998 Personal Property Tax Relief Act of 1998 was modified during the General Assembly’s 2004 special session. State lawmakers established a fixed amount of available relief for each Virginia jurisdiction. The amount of money diminishes each of the act’s six years.

“The amount of money that is available for relief during the sixth year falls off,” Risavi explained. “That means we’re utilizing the funds we carried over to the current year.”

 

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