COUNTY OF ALBEMARLE
Calendar Year 2005 Tax Levy Resolution
Request Board Approval of the Calendar Year 2005 Tax Rates
Messrs. Tucker, Davis, Breeden; Ms. White
April 20, 2005
ACTION: X INFORMATION:
On April 6, 2005, a public hearing was held on the Board of Supervisors' proposed budget for FY 05/06. A public hearing also was held on the 2005 calendar year tax rates.
The attached resolution to set the 2005 tax year or calendar year tax rates must be approved at the April 20, 2005 meeting in order that the printing and mailing of the tax bills can occur in a timely manner.
4.2 Fund County services in a fair, efficient manner and provide needed public facilities and infrastructure.
The attached resolution sets the tax levy for calendar year 2005. The proposed rates are set at $0.74/$100 assessed valuation for real estate, public service and mobile homes for the 2005 tax year and at $4.28/$100 assessed value for the personal property tax rate, including machinery and tools.
Staff recommends adoption of the proposed resolution setting the tax levy for calendar/tax year 2005.
Attachment A - Resolution
Return to regular agenda