As reported by the Arlington County Taxpayers Association and confirmed to ARLnow.com by a senior county official, a $50 million budget gap — about $25 million for the county government and $25 million for Arlington Public Schools — is projected for Fiscal Year 2014.
In a “budget outlook” presentation to the County Board and School Board on Wednesday, Arlington County Manager Barbara Donnellan said the economy is weak, local office vacancies are a concern and overall property values and county tax revenues are only expected to grow by 1 percent.