(Updated at 4:20 p.m.) Arlington’s property tax rate will not be going up in the new county budget, but it looks unlikely to come down, either.
The County Board voted unanimously last night (Tuesday) to advertise a property tax rate of $1.013 per $100 in assessed value. That sets a cap on the real estate tax rate, locking in the county to a rate that’s flat or lower than last year.
(Updated at 3:50 p.m.) When Arlington Economic Development tried to help a local tech business take advantage of a county tax incentive program some 2.5 years ago, it hit a snag.
The Commissioner of Revenue denied the company’s application to be recognized as a “qualified technology business,” per a county report. Under this designation, as part of the county’s “Technology Zone” program, it would have paid half the rate normal rate for the Business, Professional, Occupational License (BPOL) tax.
Two bills that would have given online-only local news publications like ARLnow some of the same privileges afforded legacy media outlets failed in Richmond over the past few weeks.
In the House of Delegates, HB 1920 would have included online local news publications that employ at least one full time journalist in an exemption from local Business, Professional, and Occupational License (BPOL) taxes.
Local Boy Scouts of America and Girls Scouts troops in Virginia may get some tax relief — if a local lawmakers succeeds in modifying the state constitution.
Inspired by the testimony of one Arlington Boy Scout, Del. Patrick Hope (D-Arlington) has introduced legislation that would exempt property owned and used by the organization “solely for the purpose of supporting” troops from personal property taxes.
Urban farms and breweries could be coming to a vacant office near you.
Over the weekend, the Arlington County Board approved a series of zoning changes aimed at tackling the stubborn office vacancy rate. They would allow the following tenants to move into offices by right:
America’s oldest continuous law-making body, the Virginia General Assembly, is now in session, and local lawmakers have introduced a slew of new legislation.
With split control of the General Assembly, Republicans of the House of Delegates and Democrats of the Senate, it’s unclear how many bills introduced by Arlington’s all-Democratic representation will pass.
The U.S. real estate market is facing significant headwinds, but Arlington property assessments are continuing their march upward.
Arlington County announced today that overall assessments of residential and commercial properties rose 3.6% for 2023, compared to 3.5% for 2022. Residential values are up 4.5% while commercial values are up 2.6%.
In another bid to tackle the soaring office vacancy rate, Arlington County is mulling whether to fill vacant offices with unconventional tenants such as breweries and hydroponic farms.
The county is looking at allowing urban farms, artisan workshops, and craft beverage-making and dog boarding facilities to operate by-right in commercial, mixed-use districts throughout Arlington County. Some of these uses are already allowed along Columbia Pike.
On Election Day, a majority of Arlingtonians approved six bond measures, worth $510 million, that will fund a variety of projects throughout the county.
The biggest expenses for the next 10 years include upgrades to its Water Pollution Control Plant, where local sewage goes, and funding to build a new Arlington Career Center campus.
Predicting a potential $35-million deficit in the 2023-24 fiscal year, Arlington County Manager Mark Schwartz recommends putting nearly all of the unspent funds from last fiscal year toward balancing that budget.
Yesterday (Tuesday), the Arlington County Board approved the close of the 2021-22 budget with nearly $26.9 million in unspent, unencumbered “closeout” funds leftover. In the same meeting, county staff briefed the Board on its grim predictions for the 2023-24 budget, planning for which is already underway.
Well in advance of Tax Day, Arlington County is telling business owners they can no longer file their business tax returns via mail.
Arlington’s Commissioner of Revenue says the office is getting rid of the option and will now require people to file their taxes through an online payment portal.
Feeling the pressure to respond to its soaring office vacancy rate, Arlington County is looking to fill empty buildings quickly.
One option for adding tenants and knocking down the 20.8% vacancy rate would be to permit companies to set up small warehouses, or micro-fulfillment centers, inside of office buildings that are struggling to attract new tenants — especially as remote work appears here to stay.
