Current Tax Rates

Tax Rate Description Amount
Real Estate Tax Rate $0.45 per $100 of assessed value of Real Estate (including minerals), Public Service Utilities Real Estate, and Manufactured Homes;
Personal Property Tax Rate $4.10 on all Personal Property and Public Service Personal Property, with the exception of a levy of $3.80 for Motor Homes and Campers and Other Non-Motorized Pull Behind Recreational Trailers; $3.20 on vehicles that are for hire and receive an apportioned tax;
Machinery and Tools Tax Rate $3.20 per $100 of assessed value.  Effective rate is $.80
Meals Tax Four percent (4%) of total cost of prepared food.
Transient Occupancy Tax Two percent (2%) of total amount paid for lodging per room, per night in hotel, excluding any other taxes levied thereon


Business, Professional and Occupational (BPOL) Tax as follows:

Contractors $0.15 per $100 of gross receipts;

Retail Sales $0.19 per $100 of gross receipts;

Personal Service & Repair $0.38 per $100 of gross receipts;

Professional Service $0.48 per $100 of gross receipts; and

Wholesale $0.05 per $100 of gross purchases.

Comparison Between Neighboring Localities

Locality  Real Estate  Personal Property Vehicle for Hire Machinery and Tools Transient Occupancy Merchants Capital B.P.0.L
Contractor, Retail, Personal, Service, Professional, Wholesale
Campbell  $.45  $4.11 * Note: Campbell’s effective rate is $2.06 as only 50% of the value is taxed $3.20  $3.20  2%  n/a  $.15, .19, .38, .43,
.05
Amherst $.61 $3.45 $3.45 $2.00 5% $3.95 $.13, .20, .31, .50,
.05
Appomattox  $.63 $3.00 $3.00 $3.35 2% $1.00 n/a 
Bedford $.50 $2.35 $2.35 $1.20 7% n/a  n/a
Charlotte  $.62 $3.25 $3.25 $3.00 n/a $3.20 n/a
Halifax  $.50 $3.85  $3.85 $.26 6.3% n/a n/a
Lynchburg  

$1.11 $3.80  $3.80  $3.00  6.5% +
$1/night
n/a  $.16, .20, .36, .58,
.28+$20