Thu10302014

Last updateThu, 19 Nov 2015 8pm

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Montross Festival Winners

MONTROSS FESTIVAL PARADE WINNERS 2014

Civic            &nbs...

Expansion seeks to illustrate county is more than just famous families

Expansion seeks to illustrate county is more than just famous families

The popular Westmoreland County Museum in Montross is in the middle of a $1 million expansion that w...

Inn at Montross has new lease on life

Inn at Montross has new lease on life

The historic brick building at 21 Polk St., Montross, has been many things.  

The original build...

Montross eyes moving election day

Montross Town Council discussed moving May elections to November at their Aug. 26 meeting. The move ...

Moving day at the judicial center

Moving day at the judicial center

Workers with moving trucks spent Aug. 23 unloading furniture and boxes at the new $9 million Westmor...

Bowen’s 20 years as area educator rewarded

Bowen’s 20 years as area educator rewarded

He’s named assistant principal at Montross Middle School

 

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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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The Journal Press, Inc. P. O. Box 409, 10250 Kings Hwy. King George, VA 22485

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This email address is being protected from spambots. You need JavaScript enabled to view it.">Tanya Myles
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