A RESOLUTION DIRECTING THE COUNTY ADMINISTRATOR TO SCHEDULE A PUBLIC HEARING TO CONSIDER ESTABLISHING THE PERCENTAGE ALLOCATION OF THE FIXED AMOUNT OF STATE PERSONAL PROPERTY TAX RELIEF FOR QUALIFYING MOTOR VEHICLES
WHEREAS, the Board of Supervisors of Fauquier County adopted an Ordinance in accordance with the Personal Prpoerty Tax Relief program as modified by the enactment of Chapter 1 of the Acts of Assembly, 2004 Special Session I (Senate Bill 5005), and the provisions of Item 503 of Chapter 951 of the 2005 Acts of Assembly (the 2005 revisions to the 2004-06 Appropriations Act); and
WHEREAS, Article X, Chapter 8, Section 8-29.3, et seq., of the Code of Fauquier County outlines the requirements for the program; and
WHEREAS, Section 8-29.5 of the Code of Fauquier provides that the Board of Supervisors is to annually establish the percentage of relief that may be allocated to the taxpayers in a manner that is estimated to fully exhaust the fixed amount of relief provided by the Commonwealth for Tax Year 2006; and
WHEREAS, a resolution has been drafted to establish the rates and limitations for Tax Year 2006; now, therefore, be it
RESOLVED, by the Board of Supervisors of Fauquier County this 13th day of July 2006, That the County Administrator be, and is hereby, directed to schedule a public hearing to receive citizen comment on this program.