Tangible Personal Property Tax
Prorating Locality
Personal property tax applies to the assessed value of tangible personal property including all motor vehicles (cars, trucks, motor homes, and motorcycles), trailers, mobile homes, and boats.
The City of Fredericksburg is a prorating locality. Property is assessed based on the actual length of time that the property has situs in the City.
- Values are established using the N.A.D.A. Pricing Guide.
The Personal Property tax rate for the City of Fredericksburg is two dollars and ninety-nine cents ($2.99) per one hundred dollars ($100) of the assessed value. Vehicles, motorcycles and trucks are assessed at 90% of the average retail value.
Taxpayers are required to notify the Commissioner's Office of any changes in ownership, name or address on all personal property.
The Fredericksburg City Council sets the tax rate and rate of assessment.
IMPORTANT: Keep all information including name, address, garage jurisdiction, vehicle purchases and disposals current at DMV.
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