Arlington has had to make service cuts in each of the past two budgets as taxes and other revenue sources dried up. After 2009, assessed property values suffered their first year-over-year decline since 1995, prompting the county to hike property taxes to make up for what otherwise would have been a dramatic loss of revenue.
When it comes to real estate taxes, the county can always increase the tax rate for an expected revenue shortfall. But one area that’s largely out of the county’s control is the funds it receives from the state. And in the past four years, overall state funding to Arlington County — excluding schools — has dropped $18 million.
County Board Member Barbara Favola cited the figure at a board meeting yesterday afternoon.
Starting in FY 2008 and up to the current FY 2011, Arlington has lost progressively more revenue each year:
- FY 2008: -$438,214
- FY 2009: -$2,603,394
- FY 2010: -$7,045,368
- FY 2011: -$7,900,610
Although state revenue still makes up about 6 percent of the Arlington’s budget, the overall decline has meant greater reliance on local sources of revenue, including taxes. As of February, state revenue was expected to decline by $600,000 to $62.6 million in the FY 2012 county budget that’s currently under consideration by the board.
A soggy weekend is on tap after an otherwise pretty nice final week of September. Obviously this week’s big story was the devastation in Florida, the huge scale of which…
Share your input on the Arlington Forestry and Natural Resources Plan by October 3.
A proposed bridge for bicyclists and pedestrians between Crystal City and the Southwest Waterfront area of D.C. has received $20 million in federal funding to move forward. When complete, the…
A 3 BD/2 BA condo with views of the Washington Monument and a freshly painted 4 BD/2 BA home is included in Home Hunt Highlights.
Now you can have fun with your family and friends when deciding where to eat!
Just hop aboard The Lunch Train and set the destination for: breakfast, brunch, lunch, dinner, or nightlife!
– No app necessary. Simply go to the website if you’d like!
– No account necessary
– Use your current location or a desired location
– Add restaurants you’re interested in, invite your friends, and play the game!
Lyon Park & Ashton Heights’ biennial home & garden biennial tour is back. The tour will include contemporary custom homes, older historic bungalows as well as renovated properties. One of the stunning homes on the tour is pictured above. In addition to beautiful & unique homes, the Villa & Vistas ’22 event will conclude with a festive reception at the Lyon Park Community Center at 414 N Fillmore Street, Arlington VA 22201. What could be better right?
All proceeds from this event will go to the Lyon Park Citizens Association (LPCA) towards our neighborhood jewel & hub, the Lyon Park Community Center (LPCC).
When: Sunday, October 2nd, Noon – 4 PM.
Where: Meet to get your tickets and the tour map at the Lyon Park Community Center (414 N Fillmore Street) We will have a table with information outside.
Join us as we explore Vini Franchetti & their two sister vineyards Passopisciaro (Sicily) and Vini Franchetti (Tuscany) for our Sicily/Tuscany Wine Dinner!
Sunday, Oct 9 @ 6pm
Special Guest: This wine dinner we will be hosting the wine maker