In Dinwiddie County, Virginia, tangible private property like automobiles, boats, trailers, and enterprise tools are topic to an annual evaluation. This evaluation determines the taxable worth of this stuff, which is then multiplied by the present tax price to calculate the quantity due. For instance, a resident proudly owning a automotive assessed at $10,000 and a ship at $5,000, with a tax price of $3.75 per $100 of assessed worth, would owe $562.50 in levies ($15,000 * 0.0375).
These levies represent a big income for the county, funding important public companies comparable to faculties, public security, infrastructure upkeep, and parks and recreation. The system has advanced over time, reflecting adjustments in state and native legal guidelines, in addition to financial circumstances. A steady and predictable income stream permits the county to take care of its companies and spend money on future development.