Taxes

Tax Rates

Tax Rate
 Real Estate $0.83 per $100 of assessed value
Personal Property $4.80 per $100 of assessed value
Business Personal Property $4.50 per $100 of assessed value
Downtown Primary Assessment District $0.23 per $100 of assessed value

 Downtown Secondary Assessment District
 (commercial use only)

$0.13 per $100 of assessed value
 Machinery and Tools $1.30 per $100 of assessed value
 Virginia State Sales Tax 5.3%
 City Meals Tax 6.0%
 Combined Sales Tax and City Meals Tax 11.3%
 City Transient Lodging Tax 8.0%
 Admissions Tax 5.0%
 Short-Term Rental Tax 1.0%
 Cigarette Tax $0.50 per pack
 Electric Utility Tax $0.012 on each kilowatt hour (residential)
$0.011 on each kilowatt hour (commercial)
 Natural Gas Utility Tax $0.22 on each CFF (residential)
$0.15 on each CFF (commercial)
 Telephone and Cable Television Utility Tax 15% of monthly charge
 Local Cellular Mobile Radio
 Telecommunications Utility Tax
 10% of gross charge