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Board Advertises No Change to Real Estate Tax Rate

by ARLnow.com | February 24, 2014 at 5:00 pm | 1,006 views | No Comments

arlington-va-logoThe Arlington County Board on Saturday voted to advertise no increase to the county’s real estate tax rate.

That means that the tax rate can only go down or remain the same ($1.006 for every $100 in assessed value) in the Board’s budget, which will be crafted over the next two months before final approval on April 22.

Two residential fees, meanwhile — the water-sewer rate and the household solid waste rate — are proposed to increase 3.4 and 2.4 percent respectively in County Manager Barbara Donnellan’s budget, which will be used as a jumping off point by the Board.

In all, thanks to a 5.9 percent increase in residential property assessments, the total tax and fee burden on the average Arlington household is expected to increase by $368, or 5.3 percent, to $7,371 if the Board follows Donnellan’s proposal to hold the real estate tax rate steady.

Additional information on the budget and the budget process can be found in our previous article and on the county website.

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