5fe26cfa____City_of_Lynchburg__Virginia__1
[PERSONAL PROPERTY FAQs] How is the amount of tax determined? [1] 
The personal property tax rate is established by the Lynchburg City Council. The tax is figured by multiplying the property's assessed value by the tax rate. The current personal property rate is $3.80 per $100 of assessed value. The current rate for machinery and tools is $3.00. Mobile homes are assessed as personal property but are taxed at the real estate rate which is currently $1.11.
Personal Property Tax | City of Lynchburg, Virginia
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