Virginia Aviation Museum Wins Tax Relief From City Council | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

 Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Tue, Jul 08, 2014

Virginia Aviation Museum Wins Tax Relief From City Council

Owner Exempt From Real Estate, Personal Property Taxes

The Virginia Beach, VA City Council last week voted 8-1 to waive real estate and personal property taxes for the Military Aviation Museum. That tax bill was estimated to be over $81,000 this year.

The Virginian Pilot reports that owner Jerry Yagen may still owe about $9,300 in back taxes not collected because the city had not sent him a tax bill for the aircraft housed at the museum. Yagen had at one point put the airplanes up for sale.

Yagen is the owner of Training Services Inc., which owns the 57 vintage airplanes housed, displayed and flown by the museum. The city council vote means that Yagen will not have to pay personal property taxes on the warbirds. The only "no" vote came from Councilwoman Barbara Henley, who said there was a safety issue with the planes flying over the homes of people who live near the museum. Other council members said that was an issue for the planning board, not a tax consideration.

FMI: www.militaryaviationmuseum.org

Advertisement

More News

ANN's Daily Aero-Term (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Term (05.06.24): Altitude Readout

Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]

ANN's Daily Aero-Linx (05.06.24)

Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-Flight Training 05.09.24: ERAU at AIAA, LIFT Diamond Buy, Epic A&P

Airborne 05.08.24: Denali Update, Dad-Daughter Gyro, Lake SAIB

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC