No Real Estate Tax Rate Increase in Arlington County Manager’s Proposed Budget
During an approximately 1.5 hour meeting this afternoon, the Arlington County Manager proposed a FY 2012 budget that would keep the average homeowner’s tax and fee burden to less than the inflation rate (CPI-Urban). According to the press release distributed after the meeting:
“At the current tax rate of 95.8 cents per $100 of assessed value (including the sanitary district tax), the overall tax and fee burden for the average Arlington homeowner would increase 1.4%, from $6,398 to $6,487 – about $7 a month. The increase is less than the current inflation rate of 1.5% in the metropolitan area.”
More detail on the Manager’s proposed budget can be found at the Department of Management and Finance’s FY 2012 budget webpage, where there is a link to the slide presentation used by the Manager in briefing the County Board; budget tables from the proposed budget; and the Manager’s message, which includes a discussion of her Emergency Communications Center initiative.
Will the County Board advertise a higher real estate tax rate next Tuesday when the Manager formally proposed her FY 2012 budget? My guess is that the five panjandrums will do so.