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File #: 21-0149    Name: Personal Property Tax Extension
Type: Resolution Status: Agenda Ready
File created: 8/19/2020 In control: City Council Legislative Meeting
On agenda: 9/8/2020 Final action:
Title: Consideration of a Resolution to Extend the Payment Deadline for Tax Year 2020 Personal Property Taxes (Car Tax and Business Personal Property Tax) from October 5, 2020 to December 15, 2020. [ROLL-CALL VOTE]
Attachments: 1. 21-0149 - Resolution to Extend the PP Tax Payment Deadline, 2. 21-0149_Final Resolution
City of Alexandria, Virginia
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MEMORANDUM



DATE: SEPTEMBER 2, 2020

TO: THE HONORABLE MAYOR AND MEMBERS OF CITY COUNCIL

FROM: MARK B. JINKS, CITY MANAGER /s/

DOCKET TITLE:
TITLE
Consideration of a Resolution to Extend the Payment Deadline for Tax Year 2020 Personal Property Taxes (Car Tax and Business Personal Property Tax) from October 5, 2020 to December 15, 2020. [ROLL-CALL VOTE]
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ISSUE: Consideration of a resolution to extend the deadline for the payment of tax year 2020 Personal Property Taxes (Car Tax and Business Personal Property Tax) from October 5, 2020 to December 15, 2020.

RECOMMENDATION: That Council consider adopting this resolution extending the proposed property tax deadline from October 5, 2020 to December 15, 20200, at the regularly scheduled meeting on September 8, 2020 in time to communicate the extension to the community prior to the existing payment deadline.

BACKGROUND: As of August 18, 2020, the City of Alexandria has experienced 3,146 cumulative cases of the novel Coronavirus, COVID-19, with 61 fatalities. Along with the medical crisis, the global pandemic has had an unprecedented impact on the economy, increasing unemployment and disrupting the conduct of normal business. In this context, the attached resolution would provide added flexibility for business and individual taxpayers otherwise required to pay Personal Property Taxes on October 5, 2020. Several indicators of the current economic impact, along with supportive actions already enacted by Council, are presented in the resolution.

DISCUSSION: Personal Property Taxes, also known as the Car Tax and Business Personal Property Tax, are due to be paid on October 5, 2020. Current law requires that failure to pay on time results in penalties and interest of 10 percent per annum. Virginia State law allows City Council to provide by resolution "reasonable extensions of time, not to exceed...

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