Individual 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, and boats. The City of Fredericksburg is a prorating locality. Values are established using the National Automobile Dealers Association (NADA) Pricing Guide.

The Personal Property tax rate for the City of Fredericksburg is $3.40 per $100 of the assessed value. Vehicles, motorcycles, and trucks are assessed at 90% of the clean 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.

DMV Records

Keep all information including name, address, garage jurisdiction, vehicle purchases, and disposals current at the Department of Motor Vehicles.