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Manassas staff: bank tenant at Brickyard facility claims franchise tax exemption for computers; council seeks legal and legislative clarity

5063483 · April 30, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City staff told the council that a bank tenant at the Brickyard data-center campus filed as exempt from business personal-property tax; staff are verifying the filing and council members urged research on zoning and potential state legislative changes to prevent similar revenue loss.

Manassas — City staff told the Manassas City Council that a recent filing by a bank operating at the Brickyard data-center facility claims an exemption from local business personal-property tax, raising questions about whether the city can rely on data-center personal-property revenue for next year's budget.

Staff said the tenant filed by the April 15 deadline and reported that the equipment in the building is bank-owned and used internally; under existing state law staff cited in the meeting, banks that meet the statutory standard pay a bank-franchise tax in lieu of most other tangible personal-property taxes. "They are exempt from those taxes," a staff member who reviewed…

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