Charlottesville's tax rate: Difference between revisions

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'''Charlottesville''' adopts a new real estate property tax rate every April as part of the budget development process.   
'''Charlottesville''' adopts a new real estate property tax rate every April as part of the budget development process.   


The tax rate is for the calendar year while the fiscal year runs July 1 to June 30. The rate has not been raised since [[1981]], when it went from $1.10 to $1.13.<ref>{{minutes-citycouncil|newsid=157480|ids=|documentid=|when=April 6, 1981}}</ref> In the mid-2000's, there were several decreases in the tax rate that were made at a time when property assessments began to sharply increase in the city.  
The tax rate is for the calendar year while the fiscal year runs July 1 to June 30. The rate has not been raised since [[1981]], when it went from $1.10 to $1.13. <ref>{{cite web|title=April 6, 1981|url=http://weblink.charlottesville.org/public/0/doc/157480/Page1.aspx|author=|work=Charlottesville City Council minutes|publisher=City of Charlottesville|location=|publishdate=|accessdate=April 13, 2022}}</ref>
 
In the mid-2000's, there were several decreases in the tax rate that were made at a time when property assessments began to sharply increase in the city.  


==Historical tax rates==
==Historical tax rates==
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|-
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|2007
|2007
|$0.99 <ref>{{minutes-citycouncil|newsid=308724|ids=|documentid=|when=April 11, 2006}}</ref>
|$0.99 <ref>{{cite web|title=April 11, 2006|url=http://weblink.charlottesville.org/public/0/doc/308724/Page1.aspx|author=|work=Charlottesville City Council minutes|publisher=City of Charlottesville|location=|publishdate=|accessdate=April 13, 2022}}</ref>
|-
|-
|2008
|2008
|$0.95 <ref>{{minutes-citycouncil|newsid=308777|ids=|documentid=|when=April 10, 2007}}</ref>
|$0.95 <ref>{{cite web|title=April 10, 2007|url=http://weblink.charlottesville.org/public/0/doc/308777/Page1.aspx|author=|work=Charlottesville City Council minutes|publisher=City of Charlottesville|location=|publishdate=|accessdate=April 13, 2022}}</ref>
|-
|-
|2009
|2009
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|2022
|2022
|$0.95 <ref>{{cite web|title=City of Charlottesville Operating and Capital Improvement Budget|url=https://www.charlottesville.gov/DocumentCenter/View/6013/City-of-Charlottesville-VA-FY-2022-Adopted-Budget-PDF?bidId=|author=|work=Budget|publisher=City of Charlottesville|location=|publishdate=|page=39|accessdate=December 9, 2021}}</ref>
|$0.95 <ref>{{cite web|title=City of Charlottesville Operating and Capital Improvement Budget|url=https://www.charlottesville.gov/DocumentCenter/View/6013/City-of-Charlottesville-VA-FY-2022-Adopted-Budget-PDF?bidId=|author=|work=Budget|publisher=City of Charlottesville|location=|publishdate=|page=39|accessdate=December 9, 2021}}</ref>
 
|-
|2023
|$0.96<ref>{{cite-infocville|title=City Council adopts FY23 budget, raises real estate tax by a penny|url=https://infocville.com/2022/04/13/city-council-adopts-fy23-budget-raises-real-estate-tax-rate-by-a-penny/|author=|work=|publisher=|location=|publishdate=April 13, 2022|accessdate=April 13, 2022}}</ref>
|}
|}



Latest revision as of 07:28, 22 September 2022

Charlottesville adopts a new real estate property tax rate every April as part of the budget development process.

The tax rate is for the calendar year while the fiscal year runs July 1 to June 30. The rate has not been raised since 1981, when it went from $1.10 to $1.13. [1]

In the mid-2000's, there were several decreases in the tax rate that were made at a time when property assessments began to sharply increase in the city.

Historical tax rates

Year rate per $100 of assessed value
1995 $1.11 [2]
1996 $1.11
1997 $1.11
1998 $1.11
1999 $1.11
2000 $1.11
2001 $1.11
2002 $1.11
2003 $1.11 [3]
2004 $1.09 [3]
2005 $1.09 [4]
2006 $1.05 [5]
2007 $0.99 [6]
2008 $0.95 [7]
2009 $0.95
2010 $0.95
2011 $0.95
2012 $0.95
2013 $0.95
2014 $0.95
2015 $0.95
2016 $0.95
2017 $0.95
2018 $0.95
2019 $0.95
2020 $0.95
2021 $0.95
2022 $0.95 [8]
2023 $0.96[9]

References

  1. Web. April 6, 1981, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  2. Web. April 3, 2022, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  3. 3.0 3.1 Web. [ ], Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  4. Web. April 4, 2005, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  5. Web. April 3, 2006, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  6. Web. April 11, 2006, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  7. Web. April 10, 2007, Charlottesville City Council minutes, City of Charlottesville, retrieved April 13, 2022.
  8. Web. City of Charlottesville Operating and Capital Improvement Budget, Budget, City of Charlottesville, retrieved December 9, 2021.
  9. Web. City Council adopts FY23 budget, raises real estate tax by a penny, News Article, Town Crier Productions, April 13, 2022, retrieved April 13, 2022.