City of Roanoke |
 | Nominal Rate | Actual Assessment Ratio | Effective Rate |
Real Estate
(Average all Categories) | $1.19/$100 | 90% | $1.07/$100 |
| Business Personal Property Tax (Based on purchase price) | $3.45/$100 | 60% - Year 1
50% - Year 2
40% - Year 3
30% - Year 4
20% - Year 5 & over | $2.07/$100
$1.73/$100
$1.38/$100
$1.04/$100
$.69/$100 |
Personal Property Tax
(Auto, truck, boat, trailer) | $3.45/$100 | 100.0% | -- |
| Consumer Utility Tax | 12% of water, electric, natural gas, telephone (maximum $2,400 per meter per month) |
| Vehicle License Tax | $20.00 (auto) any weight
$20.00 (large truck) 4,000 pounds and under to
$66.00 (large truck) 20,000 pounds and above |