WHEREAS, the Code of Virginia authorizes the County to adopt separate categories of personal property and to tax those categories at different rates; and
WHEREAS, the Board of Supervisors during the 2011 Budget process determined that it is appropriate to create a separate category of business personal property to be designated as Business Furniture, Fixtures and Equipment in order to permit the taxation of this category at a rate lower than other personal property; and
WHEREAS, prior to amending the Ordinance it is necessary to conduct a public hearing to consider public input on the proposal; now, therefore, be it
RESOLVED by the Fauquier County Board of Supervisors this 8th day of April 2010, That the County Administrator be, and is herby, directed to schedule a public hearing to consider an amendment to Section 8-29.2 of the County Code to establish a separate category of business personal property.
A Copy Teste
Paul S. McCulla