It’s not official yet, but the Arlington County Board has tentative plans to keep the real estate tax rate where it is this fiscal year.
Board members had previously voted to advertise a possible tax increase from $1.033 to $1.043 per $100 assessed valuation. However, the consensus at the end of a budget wrap-up session yesterday (Thursday) was to leave the rate where it is.
The population of every jurisdiction in Northern Virginia, including Arlington, increased between 2023 and 2024 for the first time in seven years.
The region as a whole saw its largest population increase in quite a few years, rising by 35,181, according to new estimates from the Northern Virginia Regional Commission. Arlington’s population estimate increased by just under 2%, while the region as a whole grew by 1.4%.
Winter weather, economic jitters and the fatal Jan. 29 aircraft collision combined for a challenging start to 2025 at Reagan National Airport.
Acknowledging 2025 has opened as “a turbulent year,” the president of the Metropolitan Washington Airports Authority (MWAA) told the body’s board of directors he believed the long-term outlook remains positive — despite ongoing uncertainty.
Add hotel-occupancy rates to the Arlington County government’s growing list of economic concerns.
Projections for the next 60 days suggest Arlington’s hotel-room usage will be down 15% from a year before and expected hotel revenue down 12%.
After weeks of playing defense, some D.C.-area leaders are now considering a more aggressive approach to the Trump administration.
“We know the president responds to pressure. It’s really important that we continue to fight,” said Fairfax Supervisor James Walkinshaw during a Wednesday (March 12) meeting of the Metropolitan Washington Council of Governments (COG).
Substantial economic uncertainty has left Arlington officials facing tough questions as they consider beefing up the county’s reserve fund this year.
The current Fiscal Year 2026 budget draft includes a proposed $11.5 million increase to the county’s Economic Stability Reserve — increasing it from $21.5 million to $33 million.
A recent spike upward in the number of price cuts in the Arlington housing market could be connected to local and regional economic anxiety.
A key expert in the field tells ARLnow the data will be worth watching, but it is still too early to tell whether it is a one-time blip or the start of a more significant trend.
Despite leaders’ hopes for a brighter future on Columbia Pike, both new and established businesses continue to face difficulties as roadwork drags on.
At this month’s “State of the Pike” forum, speakers highlighted a “light at the end of the tunnel” for establishments that have endured years of nearby utility work and road and sidewalk reconstruction.
Over 200 people packed a standing-room-only town hall yesterday (Tuesday) to discuss how federal workforce cuts are personally impacting Arlington residents.
The event for federal employees and contractors came as Arlington County is considering an $11.5 million increase to its budget stabilization reserve in response to ongoing federal shake-ups.
Facing job cuts and wide-ranging uncertainty at the federal level, Arlington Economic Development has launched a new program to attract more tech companies.
Arlington Tech Launchpad formally kicked off on Jan. 29, the day after President Donald Trump’s “deferred resignation” emails cast federal workplaces around the country into turmoil.
It may come down to more school funding or homeowner tax relief as Falls Church city leaders start mulling over budget options for the coming year.
Although the formal presentation of draft city and school-system budgets is more than a month off, city officials now have a better idea of the fiscal condition of the 2.2-square-mile locality.
Mass resignations, layoffs and turmoil within the federal workforce present sweeping and potentially unprecedented challenges for Arlington’s economy, experts say.
As President Donald Trump’s plans to dramatically shrink the federal government have begun to take shape in recent weeks, so have projections for wide-ranging economic fallout throughout the D.C. area.
