Residential tax charge rising as a part of authorized Fairfax Co. price range



Homeowners in Fairfax County, Virginia, will see their yearly tax invoice improve as a part of the fiscal 2025 price range leaders authorized Tuesday.

Homeowners in Fairfax County, Virginia, will see their yearly tax invoice improve as a part of the fiscal 2025 price range leaders authorized Tuesday.

As a part of the bundle, the residential tax charge is rising by 3 cents, and can now be $1.125 per $100 of assessed worth. The consequence, the county mentioned, is a median actual property tax invoice improve of simply over $450.

The improve is important, lawmakers mentioned, to offset the loss in business tax income brought on by an increase in telework within the aftermath of the pandemic.

“Clearly, we’re in a spot the place I feel we would have sustained issues over time, trying on the business tax base particularly, and making an attempt to determine what’s actually going to occur with workplace properties,” Supervisor Rodney Lusk mentioned at an April 30 price range assembly. “We’ve obtained to decide, I feel, collectively as a board when it comes to how we’re going to answer this particular long-term problem.”

The residential tax charge improve is a part of the price range bundle the Board of Supervisors voted 9-1 to approve. Supervisor Pat Herrity voted in opposition to it.

The price range additionally consists of pay will increase for many county workers, starting from 3.25% to six%, and thousands and thousands in additional funding for Fairfax County Public Schools.

“I do know we are going to proceed to work to determine financial savings and efficiencies with the instruments we have now, whereas additionally trying to advocate to the state for a extra truthful and simply tax system,” Supervisor Andres Jimenez mentioned on the April 30 assembly. “It is clear that we will be unable to depend on actual property and property tax to get out of our important points.”

Initially, County Executive Bryan Hill proposed a 4-cent improve to the residential tax charge.

“Like most likely all native jurisdictions or most native jurisdictions on this nation, we’re shifting into an period the place we’re going to have to determine find out how to do extra with much less, as a result of that business workplace market just isn’t going to recuperate in a 12 months or in two years,” Supervisor James Walkinshaw mentioned.

Supervisor Dalia Palchik mentioned the county depends on actual property taxes to fund 66% of its price range.

“That is turning into tougher and tougher for thus many in our neighborhood,” she mentioned.

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