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VDOT to close Mattox Creek Bridge

The Virginia Department of Transportation (VDOT), which has promised to close the Mattox Creek Bridg...

Murals will be a tough act to follow

Murals will be a tough act to follow

The three new murals painted by renowned artists Melanie Stimmell from Los Angeles, and Anat Ronen, ...

Wmd Supervisors finalize budget

The Westmoreland Board of Supervisors met in special session Thursday night to finalize the county’s...

VDOT work on Mattox Creek Bridge begins this week

VDOT work on Mattox Creek Bridge begins this week

The Virginia Department of Transportation (VDOT) is beginning what will be a two-year project to reb...

Former W&L Principal enters guilty plea to DWI charges

Andrea Roane, former principal of Washington and Lee High School, whose arrest for drunk driving in ...

W&L’s new football coach is Northern Neck legend

W&L’s new football coach is Northern Neck legend

Hopes for the 2014-2015 edition of the Washington & Lee Eagles varsity football team just got a ...

 

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Office-for-rent Jrnl Bldg 20130925

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.”

 

Betsy Ficklin

 

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201407source

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