[Ord. of 6-26-2000]
[Code 1962, § 29-1.3]
(a)
The beginning of the tax year for the assessment of taxes on real
estate, other than real estate of public service companies which is
assessed by the State Corporation Commission, shall be July 1 of each
fiscal year of July 1 through June 30, and the owners of such real
estate on that day shall be assessed with taxes for the year beginning
on that day. Taxes for each fiscal year on such real estate shall
be extended on the basis of the last assessment made prior to such
year, subject to such changes as may be lawfully made.
(b)
The beginning of the tax year for the assessment of taxes on real
estate of public service companies which is assessed by the State
Corporation Commission shall be January 1 of each calendar year, and
the owners of such real estate on that day shall be assessed with
taxes for the year beginning on that day. Taxes for each calendar
year on such real estate shall be extended on the basis of the last
assessment made prior to such year, subject to such changes as may
be lawfully made.
[Code 1962, § 29-1; amended by Ord. No. 2005-4, 2-28-2005; 2-22-2010]
All new buildings substantially completed and fit for use, occupancy
and enjoyment prior to the first day of May of the year of completion
shall be assessed when so completed, and the Commissioner of the Revenue
shall enter in the books the fair market value of such building; however,
no such partial assessment shall become effective until information
as to the date and amount of such assessment is recorded in the office
of the Treasurer and made available for public inspection. The tax
on such new building for that year shall be computed according to
the ratio which the portion of the year such building is fit for use,
occupancy and enjoyment bears to the entire year; and with respect
to any assessment made under this section after the first day of March
of any year, the penalty for nonpayment by the fifth day of June shall
be extended to the fifth day of August.
[Last amended 6-8-2015]
There is hereby imposed and levied by the City a tax of $0.99
per $100 on the assessed value of real estate in the City, including
real estate of public service companies assessed by the State Corporation
Commission.
[Code 1962, § 29-1.1]
(a)
All City taxes on real estate, other than real estate of public service
companies, which is assessed by the State Corporation Commission,
shall be due and payable during the year for which the same are assessed
in two equal installments, as follows: 1/2 on or before December 5
and 1/2 on or before June 5 of such year.
(b)
City taxes on real estate of public service companies, which is assessed
by the State Corporation Commission, for each calendar year shall
be due and payable during the year for which the same are assessed
in two equal installments, as follows: 1/2 on or before June 5 and
1/2 on or before December 5 of such year.
[Code 1962, § 29-1.2; amended by Ord. No. 161, 5-15-1980]
In the event any installment of taxes on real estate is not paid on or before the time the same is due and payable, as set forth in § 27-48, there shall be added thereto a penalty of 10% of the amount of such unpaid installment or the sum of $10, whichever shall be greater.
[Code 1962, § 29-2; amended by Ord. No. 161, 5-15-1980]
There shall be a lien on real estate for the City taxes and
levies assessed thereon and interest on such taxes and levies at the
rate of 10% per annum from the first day of the month following the
due date of each installment until paid.
[Code 1962, § 29-3; amended by Ord. No. 2005-4, 2-28-2005; 2-22-2010]
The Treasurer shall, on the second Monday in May in each year,
make a list of all real estate in the City on which taxes and levies
for such year are delinquent for the nonpayment of taxes and levies
and submit the same to the Council for its approval. The Council shall,
upon approval of such list, order the Treasurer to certify such list
to the Clerk of the Circuit Court of the county; and such list shall
be entered by the Clerk of the Circuit Court of the county. The form
and manner of entering such list shall be similar to that provided
by law for the record of delinquent taxes on real estate due the state.
Until the taxes and levies so returned delinquent are entered in such
record, such real estate shall not be liable to City taxes and levies
as against purchasers for value and without notice.
[Code 1962, § 29-4]
Nothing contained in §§ 27-50 and 27-51 shall affect any remedy given by the provisions of the Code of Virginia or by the City's Charter for the collection of City taxes and levies. In any proceeding for the collection of City taxes and levies or under which City taxes and levies may be collected, other than under §§ 27-50 and 27-51, the provisions of §§ 27-50 and 27-51 shall not be applicable.
[Code 1962, § 29-5]
In all cases not specifically provided for in this article relative
to the sale of land for delinquent taxes and levies and the redemption
thereof, the manner, form and procedure of the state law in such cases
shall prevail.
