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Arlington County: Still Leading on Real Estate Assessments

Two news items today show that at least one Virginia community may top Arlington County real estate assessments when Arlington property owners receive their 2005 assessments later this month. Today's Potomac News notes that assessments in the city of Manassas will be up 20% with the city manager telling the city council of plans to lower the property tax rate from $1.15 per $100 of assessed value to $1.05. That didn't satisfy some in attendance who correctly noted that even with a 10 cent reduction in the tax rate, an assessment increase of 20% still means a substantial increase in one's tax bill, especially when one's income increases only two or three percent. The Harrisonburg Daily News-Record also reports that property values there increased 14% over the past two years. Will this be the year Arlington taxpayers convince the County Board to make substantial cuts in the real estate tax rate? A strong response by thousands of you can make it happen.

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