CORRECTION: Arlington County Board Advertises 97.8 Cent Tax Rate for 2012
February 15, 2012
Note: This corrects the press release issued Feb. 14, that stated the advertised rate was 96.5 cents.
- Two public hearings in March
- Tax rate, budget adopted in April
- Adopted rate will be at or below advertised rate
ARLINGTON, VA – The Arlington County Board today voted unanimously to advertise a property tax rate of 97.8 cents per $100 of assessed value for Calendar Year (CY) 2012, including the stormwater sanitary district tax. This is 2 cents above the CY 2011 real estate tax rate.
The Board will hold public hearings on the budget in March and adopt the budget in April. The 2013 fiscal year begins July 1, 2012.
By law, the Board cannot adopt a rate higher than the one advertised, although it may adopt a lower rate.
“In the next six weeks we will hear more from the public, and weigh the needs of the community,” Arlington County Board Chairman Mary Hynes said. “Our goal is to deliver a sustainable, balanced budget in April that spends tax dollars wisely, delivers core services efficiently and makes strategic investments in our infrastructure.”
Board acts upon County Manager’s recommendation
The Board voted to advertise the rate after County Manager Barbara Donnellan presented her proposed FY 2013 budget . The proposed budget is $1.026.4 billion, a 2.1% increase from the FY 2012 Adopted Budget of $1.004.8 billion. It includes employee compensation increases, funding obligations for Metro, debt, and contractual increases, an increase in the ongoing funding for affordable housing (AHIF), library hour restorations, and increases to Schools (4.8%).
The Board also voted to advertise proposed fee changes including:
- Increase in the water/sewer rate
- Decrease in the residential solid waste fee
- Fee increases in several parks and recreation areas such as preschool, summer camps, senior adult registration, and facility rentals
For more information, visit the FY 2013 budget area on the County website.
Upcoming dates
- March 20 – Public hearing for the FY 2013 budget
- March 22 – Public hearing on tax rates and fees
Both public hearings will begin at 7 p.m. in the County Board Room, 2100 Clarendon Blvd., Arlington, VA.
Arlington, Va., is a world-class residential, business and tourist location that was originally part of the "10 miles square" parcel of land surveyed in 1791 to be the Nation's Capital. It is the geographically smallest self-governing county in the United States, occupying slightly less than 26 square miles. Arlington maintains a rich variety of stable neighborhoods, quality schools and enlightened land use, and received the Environmental Protection Agency's highest award for "Smart Growth" in 2002. Home to some of the most influential organizations in the world - including the Pentagon - Arlington stands out as one of America's preeminent places to live, visit and do business.
