Charlottesville's tax rate

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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]

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.