File #: ID 17-032    Version: 1 Name: American Legion
Type: Report Status: Passed
File created: 2/11/2017 In control: City Council
On agenda: 2/28/2017 Final action: 2/28/2017
Title: Consider real estate tax exemption status for Shenandoah Valley Post 188 American Legion Inc located at 350 Waterman Drive
Attachments: 1. Memorandum, 2. Committee Recommendation, 3. Public Hearing Notice, 4. Application

Subject:

Title

Consider real estate tax exemption status for Shenandoah Valley Post 188 American Legion Inc located at 350 Waterman Drive

body

Presented By:  Karen Rose, commissioner of the revenue

 

Recommendation and Review

The Constitution of Virginia allows for specific local tax exemption. Prior to January 1, 2003, the General Assembly passed bills exempting an organization from local taxation and as of January 1, 2003, local elected officials were given the authority to make the determination.  Harrisonburg City Code §4-2-17 addresses local real and property exemption.  Shenandoah Valley Post 188 American Legion Inc is requesting exemption under this code. The assessed value of the property for 2016 was $473,900 and the taxes assessed by the City for the year 2016 were $3,696.42; for the year 2015 were $3,346.56 and for the year 2014 were $3,283.02.