| 2010 | NOMINAL RATE | ASSESSMENT RATIO |
| REAL ESTATE | $1.10/ 100 | 100% |
| MACHINERY & TOOLS |
$0.75 / 100 | First year 90% ($0.68/100) |
| Second year 80% ($0.60/100) | ||
| Third year 65% ($0.49/100) | ||
| Fourth year 50% ($0.38/100) | ||
| Fifth year 35% ($0.26/100) | ||
| Sixth year & on 20% ($0.15/100) | ||
| MERCHANT'S CAPITAL |
$0.50 / 100 | 100% |
| BUSINESS PROPERTY |
$5.49/ 100 | First year 35% ($1.92/100) |
| Second year 30% ($1.65/100) | ||
| Third year 25% ($1.37/100) | ||
| Fourth year 20% ($1.10/100) | ||
| Fifth year & on 15% ($0.82/100) | ||
| PERSONAL PROPERTY |
$6.89/100 | 40% |
| CONSUMER UTILITIES |
Electric: 10% of first $2000 | |
| Telephone: 20% of first $500 | ||
| Natural Gas: 20% of first $500 |
Local Tax Information
The Commissioner of the Revenue Office:
- Processes and audits state income tax returns
- Processes estimated state income
- Assists and advises taxpayers in preparing state income tax returns
- Assesses personal property and prepares the personal property book
- Assesses real estate, makes land transfers and prepares the real estate book
- Administers Meals Tax, Short Term Rental Tax, Tax on Public Service Corporations, and Transient Occupancy Tax
- Administers local Land Use Program
- Administers Tax Relief program for the elderly and disabled
- Directs the General Reassessment every two years
Helpful Contact Info:
- Stafford County Commissioner of the Revenue
- 540-658-4132