§ 2-2. Financial powers.
In addition to the powers granted by other sections of this Charter, the town is empowered:
2-201. To raise annually by levy of taxes and assessments in the town on all property, real and personal, as it now or may be subject to taxation by towns by the laws of this commonwealth, such sums of money as the council shall deem necessary for the purposes of the town, in the manner as the council shall deem expedient in accordance with the Constitution of this State and of the United States.
2-202. To impose special or local assessments for local improvements and to enforce payment thereof, subject to such limitations prescribed by the Constitution and laws as may be in force at the time of the imposition of such special or local assessments.
2-203. To require the owner of every motor vehicle kept or habitually used in the town, on a date to be designated by the council, to annually register such motor vehicle and to obtain a license to operate the same by making application to the town treasurer, or such other persons as may be designated by the town council to issue such license, and to require the vehicle owner to pay an annual license fee therefor to be fixed by the council, provided that the license shall not exceed the amount charged by the state on such vehicle.
2-204. To establish, levy and collect, except when prohibited by general law, a tax or license on any person, firm or corporation pursuing or conducting any trade, business, profession, occupation, employment or calling whatsoever within the boundary of the town, whether a license may be required therefor by the state or not, provided that such license fee therefor shall not exceed the amount charged by the state for such license if the state requires a license for such trade, business, profession, occupation, employment or calling and may provide penalties for the nonpayment thereof, which penalties may include, among other things, the right to prohibit such person, firm or corporation from pursuing or conducting such trade, business, profession, occupation, employment or calling within the boundaries of said town unless and until such license shall have been paid.
2-205. To establish, levy and collect taxes for admission to or other charges for any public amusement, entertainment, performance, exhibition, lecture, sport or athletic event in the town, which taxes may be added to and collected with the price of such admission or other charge.
2-206. To establish, levy and collect taxes upon the amount paid for the use of water, sewage facilities, electricity, gas, telephone or other public utilities service used within the town, which public utility service is wholly owned, operated and controlled by the town or an agency, board or commission of the town, which taxes may be added to and collected with the bills rendered to the purchasers of such service.
2-207. To establish, levy and collect a tax on all subjects of taxation not prohibited to it by, or exempted in, the Constitution and general laws of Virginia.
2-208. To establish, levy and enforce the collection of water and sewage rates and charges, and rates and charges for public utilities, products or conveniences operated, rendered or furnished by the town; and to assess or cause to be assessed, after reasonable notice to the owner or owners, water, sewage rates and charges directly against the owner or owners of the buildings or against the proper tenant or tenants. In event such rates or charges are assessed against the owner or owners, such rates and charges, together with such penalties, and interest not to exceed six percent, as the council by ordinance may prescribed, shall constitute and be a lien against the real estate and buildings in or on which such service is rendered, and may be filed in the clerk's office of the Circuit Court of Tazewell County and collected in such manner as delinquent taxes are filed and collected. In the event such rates and charges shall be assessed against a tenant, then the council may, by ordinance, require of such tenant a deposit of such reasonable amount as it may, by such ordinance prescribe before furnishing such service to such tenant. The town shall have the right and power to charge a different rate for water or sewage service rendered or furnished to citizens without the corporate limits from the rates charged for similar services furnished to citizens within the corporate limits.
2-209. To charge and collect fees for permits to use public facilities and for public services and privileges. The said town shall have the right and power to charge a different rate for any service, facility or privilege rendered or convenience furnished to citizens without the corporate limits from the rates charged for similar services, facilities or privileges rendered or conveniences furnished to citizens within the corporate limits.
2-210. To accept or refuse gifts, donations, bequests or grants from any source for any purpose related to the powers, rights, duties and functions of the town government.
2-211. To provide, or add to the support of public libraries, public schools, public hospitals, public parks, public museums, and public recreation facilities.
2-212. To provide for the control and management of the fiscal affairs of the town, and to prescribe and require the adopting and keeping of such books, records, accounts and systems of accounting as may be necessary to give full and true accounts of the affairs, resources and revenues of the town, and the handling, use and disposal thereof.
2-213. To borrow money, contract debts, make and issue, or cause to be issued as evidences thereof, bonds, notes, or other obligations within the limitations prescribed by the Constitution, and in accordance with the provisions of the law concerning bond issues by towns, upon the credit of the town, or solely upon the credit of specific property owned by the town or solely upon the credit of income derived from property, facilities or services in connection with any public utility owned or operated by the town.
2-214. To expend the money of the town for any and all lawful purposes.