Taxes

The Town of Monterey collects the following taxes within town limits.

Real Estate

Tax rates
.170%
Billing schedule
   Tax bills are sent out in October
Due date
   Payments are due in December
Payment options
   We accept Cash and Check

Personal Property

Tax rates
   Personal Property 1.40%
  Mobil Home .17%
   Merchants Capital 1.40%
   Machinery & Tools 1.40%
Billing schedule
   Tax bills are sent out in October
Due date
   Payments are due in December
Payment options
   We accept Cash and Check

Transient Occupancy Tax

Also known as Lodging Tax, this tax is collected from short-term rental properties such as AirBnb, VRBO, and privately rented vacation lodging within town limits. Tax payments and quarterly reporting forms are due April 20, July 20, October 20 and January 20 of each year.

Transient Occupancy Tax Forms

Quarterly Reporting Form.

Virginia Local Transient Occupancy Tax Return