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Franklin City Council adopts volunteer firefighter/EMS tax exemption and approves several grants and budget amendments
Summary
Council adopted an ordinance to exempt personal property for qualified volunteer firefighters and EMS personnel (estimated annual cost ~$8,000), accepted $10,000 from Franklin-Southampton Charities for two volunteer fire departments, approved a small Perkins grant adjustment and a $50,000 Wallace Grant to schools, and discussed changes to an employee emergency fund.
Franklin City Council voted to adopt an ordinance establishing a personal property tax exemption for qualified volunteer firefighters and emergency medical services personnel. According to the City Manager’s presentation, the exemption is authorized under the Code of Virginia (transcript reference: "section 58.1 dash 3 5 0 6 8 15") and is expected to reduce personal property tax revenue by roughly $8,000 annually. The ordinance requires annual…
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