§ 40-220.11. Tax on aircraft; levied; amount.

(a)

For the calendar year beginning on January 1, 1998, and ending on December 31, 1998, and for the calendar year beginning January 1, 1999, and for each and every calendar year thereafter, unless changed, there shall be and hereby is, levied a tax on all aircraft in the City of Newport News, Virginia, at the rate of two dollars and ten cents ($2.10) on every one hundred dollars ($100.00) of the assessed value thereof.

(b)

For the calendar year beginning on January 1, 2016, and ending on December 31, 2016, and for each and every calendar year thereafter, unless changed, there shall be and hereby is, levied a tax on all aircraft in the City of Newport News, Virginia, at the rate of fifty cents ($0.50) on every one hundred dollars ($100.00) of assessed value thereof.

(Ord. No. 5025-97; Ord. No. 7223-15)

(Ord. No. 5025-97; Ord. No. 7223-15)