If the Arlington County Board Can't Control Their Urge to Spend, then "Cap" Property Taxes!
Arlington homeowners saw their real estate assessments increase by 24% in January 2005. That comes on top of large double-digit increases over the past several years. One Virginia General Assembly delegate, Jeffrey M. Frederick (R), was slated to announce a plan today to cap property taxes statewide. According to today's Washington Times, Delegate Frederick's plan provides that "property-tax assessments could not increase more than 1 percent plus inflation each year, and that the tax rate could not grow more than 1 percent annually." The newspaper added that "This is the latest in a series of property-tax savings plans outlined during the election year." After watching the small turnout at this evening's tax hearings before the Arlington County Board, one wonders whether a tax revolt will ever be ignited in Arlington County. If you missed speaking to the Board this evening, you can still call the Board office or write to them (see directions in the box to the right).