County Taxes
All property taxes are paid through Botetourt County Treasurer. Residents
of Fincastle are required to pay a vehicle license fee of $20 per vehicle
within the Town. The fee is collected by the Botetourt County Treasurer.
Current Local Nominal Tax Rates - as of July 1, 2016 (most recent)
Real Estate - County: $0.79/$100 on 100% of Fair Market
Personal Property - County: $2.71/$100 on 100% of NADA
Manufacturing Machinery - County: $1.80/$100 at 50% of original
capitalized cost for first 5 years, 42% thereafter
Public Utilities - County: $0.79/$100 assessed value
Mobile Homes - County: $0.79/$100 assessed value
Prepared Food/Meals Tax - Fincastle: 4%
Transient Occupancy Tax - Fincastle: 5%
NOTE: THE TOWN OF FINCASTLE DOES NOT CHARGE AN (ADDITIONAL) REAL ESTATE TAX