In Accomack County, Virginia, tangible items owned by individuals, excluding real estate, are subject to an annual levy. This includes items such as vehicles, boats, trailers, and business equipment. For instance, a resident owning a car and a boat would pay based on the assessed value of both. This assessment is conducted by the County and notices are sent annually.
These revenues are essential for funding vital public services provided by the County, including education, public safety, and infrastructure maintenance. The system is designed to distribute the financial responsibility for these services fairly across the community based on asset ownership. Historically, this form of taxation has been a cornerstone of local government funding in Virginia, ensuring the continued provision of essential resources to residents.
