County Board Votes to Advertise 2-cent RE Tax Increase
Here's the bad news, according to today's county press release: "The Arlington County Board today voted 3 to 2 to advertise a property tax rate for Calendar Year (CY) 2017 of $0.998 per $100 assessed value, not including the $0.013 stormwater tax rate. The advertised rate is two cents higher than the current property tax rate."
The press release also said:
"The County Manager had recommended a two-cent increase in the property tax rate specifically to address the “extraordinary” funding needs of Metro and enrollment growth in the Arlington Public Schools. The County Board accepted that recommendation in choosing a maximum tax rate to advertise. In addition, the Board directed the County Manager to prepare and distribute a package of potential budget reductions prior to the public budget hearing.
“Today we received the Manager’s proposed budget, and we set the maximum tax rates and fees that we can consider. Now the responsibility shifts to us. This is the start of the Board’s conversation with the public about priorities for FY 2018,” said Arlington County Board Chair Jay Fisette. “For the next nearly two months, we will be scrubbing the Manager’s proposed budget and listening to the community.”
As a result of the Board's action today, the Board cannot adopt an FY 2018 budget requiring a larger real estate tax increase. As noted in the press release, "Rate adopted in April will be at or below advertised rate."
Arlington County taxpayers can review the Manager's proposed FY 2018 budget on the FY 2018 Budget Information Page. The page includes links to the following information:
- FY 2018 Proposed Budget
- FY 2018 Budget Planning
- County Board Budget Work Sessions
- Non-Profit Summary
- Helpful Resources (especially helpful is the spreadsheet of revenue sources)
- Related Documents
- Budget Feedback Form
For other news reporting on the Manager's FY 2018 proposed budget, see our updated February 23, 2017 Growls.
UPDATE (3/1/17): Additional details of the County Board's FY 2018 budget actions on Saturday, including advertising a real estate tax rate, are in this Monday ARLnow.com story.