1954-12-30SPECIAL3'76
December 30, 1954
Pursuant to the following waiver, the members of the Board of County Supervisors of Albemarle
County, Virginia, met in special session on this date in the County Office Building at 9:00 A.M. with
the follov~ng members present: Messrs. E. H. Bain, H. AshbyMarris, C. Purcell McCue, Edward L. Smith,
John W. Nilliams and W. ~. Wood.
We, the undersigned, members of the Board of County Supervisors of Albemarle County,
Virginia, ne~ebywaive notice, and special service thereof, of a meeting to be h~d
at 9:00 A. M. on the thirtieth day of December, 1954, in the County Office Building,
Charlottesville, Virginia, for the purpose of considering and acting upon a recommen-
dation to the Board of Assessors regarding the rate of assessment of real estate and
also to adopt an.' assessment policy for personal property for the~/calendar year 1955,
and we do hereby consent to the transaction of any and all business and the taking
of such action at said meeting upon the matters hereinabove mentioned as may be law-
ful, in6ident and necessary thereto. ,, ,/~ ~ /
-~S Xh~Bain .....
/ / John W. ~illiam~
~. W. Wood
Officers present: County Executive and Commonwealth's Attorney.
Others present: Mr. Paul H. Cale, Supt. of Schools, ~. Leslie H. Walton, Asst. Supt.of
Shhools, members of the School Board, and members of the Board of Assessors.
The meeting opened with the Lord's Prayer led by Nr. E. H. Bain.
In connection with the rate of assessment necessary on real estate, Mr. Cale discussedtthe
anticipated needs of his department over the next six years. He advised that the locality will have to
put up more instructional costs than in the past as the State has set up increased salary schedules but
does not plan to increase it participation to any degree. He further advised that the budget for the
next year would have to be increased approximately 5%, or $50,000.00, of which $35,000.00 will be needed
for teachers' salaries, $5,000.00 for maintenance, $4,000.00 for transportation and $2,500.00 for other
instructional costs and $2,500.00 for administration.
Also in connection with the rate of assessment necessary Mr. Pence discussed increased General
Fund costs which will be brought about by painting the County Office Building and the Court House and
operation of the Joint Airport, and also called the Board's attention to a decline in revenue. ~. Penc.
recommended a rate of assessment of eighteen percent (18%).
After some discussion of this matter, motion was offered by Nr. McCue, seconded by Mr. Bain,
and unanimously carried, ordering that the Board of Assessors be recommended to adopt a rate of assess-
ment of eighteen percent (18%) on real estate.
The policy for assessment of personal property for the calendar year 1955 was discussed and on
motion of Mr. Bain, seconded by Mr. Wood, the following resolution was unanimously adopted:
BE IT RESOLVED by the Board of County Supervisors of Albemarle County,
Virginia, that the following be the policy for the assessment of taxable property
for the year 1955:
1. Public Service Corporations - State Corporation Commission Assessments.
2. Nachiner£ and Tools used in a manufacturin~ or minin~busines__s - 25% of
fair market value computed in same manner as that on farm machinery and
tools.
3. Nerchants Caoita~l - no assessment.
4. Ta_~ible Personal Proe~ - including automobiles and household and kitchen
furniture except for farm machinery and tools and livestock:
(a) Automobiles - Average 'cash value (75% of fair market value)
as shown by the National Used Car Blue Book.
(b) Household items as' set forth in Section 58-829 (9)(10)(11)(12) -
25% of fair market value.
(c) All other tangible personal property - 75% of fair market value.
5. Farm Machiner~ and Tools and_ Livestock:
Farm machinery and tools - 25% of fair market value to be com-
puted on cost less depreciation; depreciation not to exceed
60% of cost which ~ill mean assessment values as follows:
(1) New - 25% of
(2) One year old
(3) Two Years ol~
(4) Three years
(5) Four years ol
(6) Five years
(7) Six years and
in usable con
cost.
- 22.5% of cost.
~ 20% of cost.
ld - 17.5% of cost.
d - 15% of cost.
d - 12.5% of co~t.
elder - machinery still maintained and
dition - 10% of cost.
(b) Livestock - 25% of fair market value using the fo!lowingyardstick:
Cattle: Over 2~__~. Under~s.
Grade ~0 ~~. lOoO0
Registered 25.00 12.50
Steers - Grade ~d Registered 20.00 lOoO0
Bulls (fancysregistered,herd bulls) - to be based on 25% of individual
value.
Sheep:
Average - $ 3.00
~erage - $10.00
Ho___rses:
Ws~k horses and mules $ 7.50
Riding and jumping 18.75
Brood mares 75.00
Thoroughbred, fancy,~ race horses, etc - to be based on 25% of fair
market value of individual stables.
(c) Chickens and Turkeys - 25% of fair market value computed as follows:
Chicken~:
Broilers (lday - 12 wks.) - 5~ - 15¢ per head.
~ayers - 15¢ - 20~ per head.
Bronze - $1.50
Nhites - 0.75
BE IT FURTHER RESOLVED that the a~sessors be and are hereby instructed to
use their discretion in raising and lowering assessments using the foregoing only
as a yardstick.
BE IT FURTtTER RESOLVED that the recommendations of the Commonwealth's
Attorney to lay a separate levy on each category of personal property also be
followed.
Mr. Williams recommended that in assessment of household and kitchen furniture, where the
assessment will be decreased from 75% to 25%, said assessments should not be lower than those of 1952
if the taxpayer has the same property.
On motion, the meeting adjourned.