- Last Updated on 08:24 AM 06/23/10
- BY Paula I. Bryant
Halifax County Board of Supervisors approved a budget resolution Monday night officially adopting and appropriating the $89,904,676 county budget for the upcoming fiscal year. The budget calls for no increase in taxes and proposes a real estate tax rate of 43 cents per $100 value, personal property tax rate of $3.60 per $100 value and machinery and tools tax rate of $1.26 per $100 value.
In a related budget matter, supervisors adopted a resolution establishing personal property tax relief of 32 percent for personal use vehicles.
According to the resolution, qualifying vehicles valued at $100 to $20,000 will be eligible for 32 percent tax relief, and vehicles valued at over $20,000 will receive the tax relief on the first $20,000 of the vehicle’s value.