The Williamson Road Service Area Tax became effective July 1, 1993.
Pursuant to Section 32-103 of the Code of the City of Roanoke, an additional tax is levied upon property in the Williamson Road area. This tax, set by City Council
, is used to provide special area services such as:
- Business and developer recruitment
- Economic and business development
- Planning for the development or revitalization of the area
- Promotional activities intended to foster business retention
The current tax rate is $0.10 of every $100 of assessed property value, or 0.01%. This tax is assessed in addition to the 1.22% general real estate tax
The revenue generated from this tax is managed by the Williamson Road Area Business Association, Inc. (WRABA)
, a non-profit organization under contract with the City of Roanoke. Like the general real estate tax, the Williamson Road Area Service District Tax is due on or before October 5 and April 5 of each year. Taxes collected are remitted to WRABA on November 5, May 5 and July 25 of each year.