ORD. 1987-040-047 · Ordinance

To amend and reordain Section 28-76 of the Code of the City of Richmond, 1985, concerning the levy and collection of taxes in relation to the levy of the tax on real estate to establish a tax rate of one dollar and fifty-three cents ($1.53) (increasing the Rolled Back Tax Rate) for the tax year beginning January 1, 1987, and for each year thereafter until otherwise provided by law or ordinance, on each one hundred dollars of assessed evaluation on all real estate located in the City of Richmond, increasing such rate from one dollar forty-two and seventy hundredths cents ($1.427 Rolled Back Tax Rate as computed pursuant to the provisions of paragraph A of Section 58.1-3321 of the Code of Virginia).