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Prince William Times | www.princewilliamtimes.com | March 6, 2019 Special Levy Expenditure Budget Summary
Fiscal Year 2020 Proposed Budget $58,174,404 $1,628,540 $197,500 $160,787 $467,700 $60,628,931
% Change From Adopted -10.2% -12.2% -1.3% -2.7% 0.0% -10,2%
Real Estate: All real property
Adopted FY2019 $1.125
Proposed FY2020 $1.125
Special Levy Districts (Real Property Only): Countywide Fire and Rescue Levy Mosquito and Forest Pest Management Service District Bull Run Mountain Service District Lake Jackson Sanitary and Service District 234 Bypass Transportation Improvement District Prince William Parkway Transportation Improvement District
$0.0800 0.0025 0.1263 0.1650 0.0200 0.0000
$0.0800 0.0025 0.1230 0.1650 0.0200 0.0000
$3.70 1.25 1.00 1.125 0.00001 0.00001 0.00001
$3.70 1.25 1.00 1.125 0.00001 0.00001 0.00001
0.00001
0.00001
0.00001
0.00001
0.00001 0.00001 0.00001
0.00001 0.00001 0.00001
0.00001 0.00001
0.00001 0.00001
Countywide Fire and Rescue Levy Mosquito and Forest Pest Management Service District Bull Run Mountain Service District Lake Jackson Sanitary and Service District 234 Bypass Transportation Improvement Total Special Levy
Fiscal Year 2019 Adopted Budget $64,797,722 $1,855,340 $200,000 $165,311 $467,700 $67,486,073
Real Property, Special Levies, Tangible Personal Property and Machinery and Tools Adopted FY2019 and Proposed FY2020 (Rates per $100 assessed value)
Tangible Personal Property: General classification of tangible personal property, and all other classifications of tangible personal property except for those set forth below: Programmable computer equipment and peripherals employed in a trade or business Tangible personal property used in a research and development business Manufactured homes Boats and watercraft used for recreational purposes and all other boats Small scheduled aircraft, other aircraft, and flight simulators Farm machinery Privately-owned vans with a seating capacity of not less than seven nor more than fifteen persons, including the driver, used exclusively pursuant to a ridesharing arrangement One vehicle owned or leased by a volunteer fire or volunteer rescue squad member who regularly responds to calls or regularly performs other duties for the rescue squad or fire department One vehicle owned or leased by an auxiliary volunteer fire or volunteer rescue squad member who regularly performs duties for the fire or rescue squad, and the motor vehicle identified is regularly used for such purpose Vehicles specially equipped to transport disabled persons Certain personal property owned by elderly and handicapped persons Privately-owned camping and travel trailers used for recreational purposes, and privately owned trailers designed and used for the transportation of horses Privately-owned motor homes used for recreational purposes Machinery and Tools: Machinery & Tools used in manufacturing, mining, water well drilling, processing or reprocessing, radio or television broadcasting, dairy, dry cleaning or laundry business, and all other classifications of machinery and tools except for those set forth below: Heavy construction machinery used in a business
$2.00 3.70
$2.00 3.70
Adopted FY2019 $0.21 0.13 0.33 0.26 0.33 0.50 0.29 0.33 0.17 0.05
Proposed FY2020 $0.21 0.13 0.33 0.26 0.33 0.50 0.29 0.33 0.17 0.05
0.03
0.03
Adopted FY2019 $24.00 12.00 0.00
Proposed FY2020 $24.00 12.00 0.00
Personal Property Tax Relief for Qualifying Vehicles - Adopted FY2019 and Proposed FY2020 Rates are the Percentage Credit Applied Against the Personal Property Tax Amount Otherwise Due for Qualifying Vehicles Adopted Vehicle Assessed Value: FY2019 Assessed value of $1,000 or less 100.0% Assessed value between $1,001 and $20,000 47.5% Assessed value over $20,000 with such percentage applied as a credit to the first $20,000 of assessed value 47.5%
Proposed FY2020 100.0% 46.0% 46.0%
Business Professional and Occupational License Tax - Adopted FY 2019 and Proposed FY 2020 Rates are per $100 Gross Receipts or $100 Gross Purchases if Wholesale (Does Not Apply to Businesses in Towns) Business Type: Business, Personal, Repair and Other Services Contractors, Builders, Developers Financial Services Hotels, Motels, and Lodging Facilities Professional Services Public Utilities- Electric and Natural Gas as defined by Section 11.1-18 of the PWC Code Public Utilities- All Others as defined by Section 11.1-18 of the PWC Code Real Estate Services Retail Merchant Wholesale Merchant
Funds received by a person, firm, or corporation designated as the principal or prime contractor for identifiable federal appropriations for research and development services as defined by Section 11.1-17(a)(9) of the PWC Code
Vehicle License Tax - Adopted FY2019 and Proposed FY2020 Rates are per Vehicle Normally Garaged or Parked in the County (Does Not Apply to Vehicles in Towns) Vehicle Type: Automobiles, trucks and motor homes (any weight) Motorcycles Trailers
TAX EXEMPTION INFORMATION FOR TAX YEAR 2019 REQUIRED BY SECTION 58.1-3604 OF THE CODE OF VIRGINIA:
Aggregate assessed value of real property exempt from taxation: Total reduction in tax revenues from tax exemption: Tax exempt property as a percent of the aggregate assessed value of all real property:
$ 4,445,054,000 $ 50,006,858 6.5%