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The West Virginia state treasurer is the state's chief financial officer. [1] It is one of six constitutionally mandated offices. [ 2 ] Elected statewide for a four year term, the treasurer is responsible for overseeing state operating funds, monitoring state debt and performing banking and accounting duties in accordance with state law. [ 1 ]
This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio, multiplied by a tax rate, and is generally an obligation of the owner of the property. Values are determined by local officials, and may be disputed by property owners.
However, you won’t get a personal property tax bill until the end of the year. If you file after March 1, the county may charge you a late fee. The fee will depend on the value of your vehicle.
Dec. 15—Bernalillo County business owners can start filing their business personal property forms, which are due Feb. 29. There's a 5% penalty for anyone who files after the last day of February ...
Their services are instead paid for by taxing other property owners in the city's jurisdiction such as homeowners and for-profit businesses. For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant.
Jefferson County is located in the Shenandoah Valley in the Eastern Panhandle of West Virginia.It is the easternmost county of the U.S. state of West Virginia.As of the 2020 census, the population was 57,701. [1]