Tax Rates

City Council has adopted the tax rates and selected fees below in connection with the adoption of the FY 2023 Operating Budget.
Page updated on July 20, 2022 at 3:26 PM

FY 2023 Approved Tax Rates and Fees for Major Revenue Sources

Tax City Approved Rate

Code of Virginia Reference

Maximum Rate Allowable by State
Real Estate Tax $1.11 per $100 of assessed value 58.1-3200 None set
Residential Refuse Fee $500 per can per year (billed in $250 increments with real estate taxes)   N/A
Stormwater Utility Fee
$294 per Equivalent Residential Unit (billed in $147 per ERU increments with real estate taxes)
  N/A
Personal Property Tax:       
   Tangible personal property $4.75 per $100 of assessed value 58.1-3507 None set
   Machinery and tools $4.50 per $100 of assessed value   None set
   Mobile homes $1.11 per $100 of assessed value   None set
   Automobiles $5.33 per $100 of assessed value   None set
   Automobiles (10,000 lbs or more) $4.50 per $100 of assessed value   None set
   Automobiles (handicap equipment) $3.55 per $100 of assessed value 58.1-3506-b None set
   Boats $0.01 per $100 of assessed value 58.1-3506.1 None set
Utility Consumer Tax:       
   Electric (residential)
$1.12 plus $0.012075 for each kWh, not to exceed $3.00
 
58.1-3814 $3.00 monthly
   Electric (residential group meter)
$1.12 per dwelling unit plus $0.012075 on each kWh, not to exceed $3.00 monthly per dwelling unit
58.1-3814 $3.00 monthly
   Electric (commercial)
$1.18 plus $0.005578 of each kWh
58.1-3814  
   Electric (industrial)
$1.18 plus $0.004544 of each kWh
58.1-3814  
   Natural Gas (residential)
$1.28 plus $0.124444 on each CCF, not to exceed $3 monthly
58.1-3814
$3.00 monthly
   Natural Gas (residential group meter)
$1.28 per dwelling unit plus $0.050909 on each CCF, not to exceed $3 monthly per dwelling unit
  $3.00 monthly
   Natural Gas (residential group meter
   interruptible)
$1.28 per dwelling unit plus $0.023267 on each CCF, not to exceed $3 monthly per dwelling unit
  $3.00 monthly
   Natural Gas (commercial/industrial)
$1.42 plus $0.050213 on each CCF of gas delivered
58.1-3814 20% of monthly amount charged
   Natural Gas (non-residential interruptible) $4.50 plus $0.00367 of each CCF of gas delivered 58.1-3814 20% of monthly amount charged
   Water (residential) 15% of the monthly amount charged to consumers of the utility service 58.1-3814 **
   Water (commercial/industrial) 20%, but if the monthly bill exceeds $150 then no tax is computed on the amount above $150 58.1-3814 20% of the monthly amount charged
Business and Professional Licenses*      
   Amusement $0.36 per $100 of gross receipts 58.1-3700 et seq. $0.36
   Professional $0.58 per $100 of gross receipts 58.1-3700 et seq. $0.58
   Renting of Residential Property $0.50 per $100 of gross receipts 58.1-3700 et seq. $0.58
   Renting of Commercial Property $0.35 per $100 of gross receipts 58.1-3700 et seq. $0.58
   Financial Services $0.35 per $100 of gross receipts 58.1-3700 et seq. $0.58
   Services $0.35 per $100 of gross receipts 58.1-3700 et seq. $0.36
   Retail Merchants $0.20 per $100 of gross receipts 58.1-3700 et seq. $0.20
   Contractors $0.16 per $100 of gross receipts 58.1-3700 et seq. $0.16
   Wholesale Merchants $0.05 per $100 of gross receipts 58.1-3700 et seq. $0.05
   Alcoholic Beverages $5-$1,500 (flat fee assessed as part of business license for sales of alcoholic beverages; fee is dependent upon seating capacity and/or type of license) 4.1-233 Various
   Public Utilities - Telephone $0.50 per $100 of gross receipts excluding charges for long distance calls 58.1-3731 $0.50
   Public Utilities - Water One-half of one percent of the gross receipts 58.1-3731 0.5%
Public Rights-of-Way Use Fee $1.01 per access line (effective July 1, 2022) 56-468.1 Minimum of $0.50 per line per month;
annual rate calculated by VDOT
Electric Consumption Tax $0.00038/kWh 58.1-2900 $0.00038 per kWh
Natural Gas Consumption Tax $0.004 per CCF 58.1-2904 $0.004 per CCF
Communications Sales and Use Tax 5% of the sales price of each communications service that is sourced to the Commonwealth 58.1-648 5.0%
Admissions Tax 10% of any admission charge, not to exceed $0.50 per person admitted 58.1-3840 None set
Cigarette Tax $1.26 per package of 20 cigarettes
58.1-3830 & 58.1-3840
$1.26 per package of 20 cigarettes
Short-Term Rental Tax 1.0% of the gross proceeds of business arising from rentals 
(1.5% heavy equipment)		 58.1-3510.4 1.0% or 1.5%
Local Sales Tax 1.0% on sales (added to the rate of the State tax imposed) 58.1-605 1.0%
Transient Lodging Tax

6.5% of the total amount paid for room rental, plus $1.25 per night lodging fee

 58.1-3840 None set
Restaurant Meals Tax 5.0% of the total charge of a meal**** 58.1-3840 None set
Recordation Tax Local Portion: $0.083 per $100 of sales price/loan value (equals State max) 58.1-3800 One-third of state charges
Late Payment Tax Penalty 10% or $10, whichever is greater 58.1-3916 10% or $10***
Tax Interest

10% for the first year and 5% for each year thereafter.  Equals refund rates.

   10.0%
Residential Parking Permit $40 for first vehicle, $50 for second vehicle, $150 for each additional   None set

*Tax rate applies to businesses with gross receipts of $100,000 or above.  Businesses with gross receipts of at least $10,000 but no more than $99,999 will be assessed a license tax of $50.

**The City's existing tax rate exceeds the state cap.  The state cap was established after the City had set this rate.

***The late payment penalty on real property is 5% if paid within 15 days of due date and 10% on the balance due thereafter.

****Of which 1.0% is dedicated to affordable housing.