Citizen Portal
Sign In

Lifetime Citizen Portal Access — AI Briefings, Alerts & Unlimited Follows

Get Lifetime Access

Board sets 2024 personal property tax relief rate at 39% under PPTRA

Brunswick County Board of Supervisors · October 16, 2024

Loading...

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

The Board adopted a resolution setting Brunswick County’s Personal Property Tax Relief Act (PPTRA) rate for tax year 2024 at 39% to be applied to the first $20,000 of assessed value for qualifying vehicles, reflecting the county’s PPTRA allocation.

The Board of Supervisors adopted a resolution setting the county’s Personal Property Tax Relief Act (PPTRA) rate at 39% for tax year 2024.

Finance staff explained the county’s PPTRA allocation and presented a draft resolution to set the rate. The resolution applies 39% relief to assessed values above $1,000 and to the first $20,000 in value of each qualifying vehicle, consistent with the ordinance language described during the presentation. The board moved, seconded and approved the resolution during the meeting.

Finance staff said other provisions of the county ordinance would be implemented by the commissioner of the revenue or the county treasurer as applicable.