Charlottesville tax rate

Charlottesville adopts new property tax rates every April as part of the budget development process.

The tax rate is for the calendar year while the fiscal year runs July 1 to June 30.

In 1981, the real estate rate was increased from $1.10 to $1.13, marking the last increase before a 40-year trend of steady or decreasing rates. That trend reversed in 2022, when City Council raised the rate by one cent to $0.96.

In the mid-2000s, there were several decreases in the tax rate that were made at a time when property assessments began to sharply increase in the city.

The annual tax levy also sets rates for personal property, machinery & tools, and public service corporation property. Council has generally set the machinery & tools rate equal to the personal property rate, and the public service corporation rate equal to the real property rate.

Historical tax rates

Rates per $100 of assessed value

Year	Real property	Personal property
1977	$1.32	$4.39
1978	$1.31	$4.39
1979	$1.16	$4.39
1980	$1.10
1981	$1.13	$4.39
1982	$1.13	$4.39
1983	$1.13	$4.39
1984	$1.13	$4.39
1986	$1.13	$4.39
1987	$1.13	$4.34
1988	$1.13	$4.30
1989	$1.13	$4.25
1990	$1.11	$4.20
1991	$1.11	$4.20
1992	$1.11	$4.20
1993	$1.11	$4.20
1994	$1.11	$4.20
1995	$1.11	$4.20
1996	$1.11	$4.20
1997	$1.11	$4.20
1998	$1.11	$4.20
1999	$1.11	$4.20
2000	$1.11	$4.20
2001	$1.11	$4.20
2002	$1.11	$4.20
2003	$1.09	$4.20
2004	$1.09	$4.20
2005	$1.05	$4.20
2006	$0.99	$4.20
2007	$0.95	$4.20
2008	$0.95	$4.20
2009	$0.95	$4.20
2010	$0.95	$4.20
2011	$0.95	$4.20
2012	$0.95	$4.20
2013	$0.95	$4.20
2014	$0.95	$4.20
2015	$0.95	$4.20
2016	$0.95	$4.20
2017	$0.95	$4.20
2018	$0.95	$4.20
2019	$0.95	$4.20
2020	$0.95	$4.20
2021	$0.95	$4.20
2022	$0.96	$4.20
2023	$0.96	$4.20
2024	$0.98	$4.40
2025	$0.98	$4.40