Tax Information Tax Information

PERSONAL PROPERTY TAX INFORMATION:

GENERAL INFORMATION AND INSTRUCTIONS  Town of Clifton Forge Personal Property Tax Rate: $3.65 per each $100.00 of assessed value.   Personal Property Taxes are also levied by Alleghany County.   Assessments are made each year by Alleghany County based upon the vehicle owned on January 1st. Personal Property Tax is due December 5th. Assessment Information: Call the Alleghany County Commissioner of Revenue’s office at 540-863-6640. Payment Information: Call the Finance Department at 540-863-2505.

REAL ESTATE TAX INFORMATION:

Assessments are performed every six years during the general reassessment by Alleghany County. The purpose of the general reassessment is to bring assessed values in line with fair market value.  The last general reassessment is effective 2024 with a new assessment becoming effective January 1, 2025. In between general reassessments, the Alleghany County Commissioner of the Revenue is responsible for assessing any new construction from building permits each year. Assessment Information: Call the Alleghany County Commissioner of Revenue’s office at 540-863-6640. Payment Information: Call the Town’s Finance Department at 540-863-2505. The Town of Clifton Forge Real Estate Tax rate is $0.165 per $100 dollars of assessed value due and payable during the year in two approximately equal installments, the first half is due on or before December 5th and the other half is due on or before June 5th of such year.  Real Estate Taxes are also payable to Alleghany County.  The Town cannot collect taxes for Alleghany County. Any person who fails to pay a tax or installment shall, in addition to the tax to be paid, be assessed a penalty of 10% of the past due tax on the real estate. All real estate tax tickets are mailed to the mortgage company of record at the date of bill processing, unless otherwise indicated (the property owner is responsible for bill). Exemptions for Elderly or Disabled: The Finance Department, upon application made and within the limits hereinafter provided, grants an exemption of the tax on real property occupied as the sole dwelling house of a person holding title or partial title thereto and being no less than 65 years of age or determined to be totally and permanently disabled. For more information, please contact the Finance Department at 540- 863-2505.  Tax relief applications are due each year by July 1st.