Falls Church property owners are probably getting a tax cut, though it’s not as high as initially proposed.
City Council has tentatively settled on a rate of $1.20 per $100 assessed valuation, down from $1.21 in the current fiscal year.
Falls Church property owners are probably getting a tax cut, though it’s not as high as initially proposed.
City Council has tentatively settled on a rate of $1.20 per $100 assessed valuation, down from $1.21 in the current fiscal year.
The Falls Church City Council is keeping the door open to maintaining the same tax rate in the coming fiscal year.
Council members unanimously voted on Monday night to advertise a maximum tax rate of $1.21 per $100 assessed valuation — unchanged from the current rate.
New data on sales tax and meals tax revenues in Falls Church might show the first headwinds of a looming economic storm, leaders say.
Sales-tax revenues in the city were flat in February despite the opening of a Whole Foods supermarket in early February. Revenue from the city’s meals tax also wasn’t as high as officials had anticipated.
Arlington County’s meals tax is increasing but property taxes are staying the same following a unanimous County Board vote last night (Wednesday).
Starting July 1, the county’s meals tax is increasing from 4% to 5% — the first time the rate has gone up since its inception in 1991. The increase, expected to bring in about $13.3 million in the coming fiscal year, comes despite the protests of some local restaurant owners and the Arlington Chamber of Commerce.
Falls Church City Council members appear as divided as ever on how costs for trash collection in single-family neighborhoods should be funded.
At a Monday work session, Council members split almost down the middle on whether to shift to a fee-for-service model or to stick with funding weekly trash services through the city. More specifically, they are still debating whether they can work out details in the few weeks remaining before the city’s Fiscal Year 2026 budget is due for adoption.
Massive retaliatory tariffs that went into effect today before abruptly going on pause have left Eden Center businesses rethinking pricing and fearing for the future.
The Falls Church shopping center with over 120 family-owned businesses relies heavily on sales of imported goods from Vietnam, China and numerous other countries that have ridden an economic rollercoaster over the past week.
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.
Several residents and members of the Arlington business community spoke out against proposed tax hikes at a County Board hearing last week.
As officials are considering possible bumps to the county’s meals tax and real estate tax, several speakers at a Thursday meeting made the case for fiscal restraint in the face of significant economic uncertainty in the D.C. area.
The Arlington government plans to spend over $200 million on human services programs and personnel in the coming fiscal year, a new record high.
While officials are making some efforts to rein in the increase, they warn that local and national economic factors may force them to either add more funding or scale back existing initiatives as the year progresses.
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%.
Local businesses are weighing their options to cope as record-high egg prices are expected to continue rising this year.
Several Arlington restaurants and bakeries have told ARLnow they are considering raising prices as they face increasingly high costs and, at times, shortages of the ubiquitous ingredient.
Additional no-turn-on-red traffic restrictions are coming to Falls Church, and even more may be on the way.
Police Chief Shahram Fard told City Council members that the Department of Public Works has approved several of his requests for additional no-turn-on-red restrictions along Broad Street.