Countywide Dialogue on Transportation: Commercial and Industrial Property Tax
What Can You Do?
Funding - Read about
Fairfax County's additional funding options.
Projects - View
types of unfunded transportation projects being considered for
- View public meetings calendar, and
sign up to receive email updates for this project.
- View maps and other related documents for this project.
Read overview summary of survey results
Supplemental tax on commercial and industrial property for
11¢ per $100 of assessed value
Increase by 1¢. The rate can increase by any increment to a maximum
of 12.5¢ per $100 until June 30, 2018. Currently, a 1.5¢ increase is
already being considered for FY2014.
Potential Annual Revenue at Example Rate:
A 1¢ increase in C&I will generate $3.8 million (2012 Dollars).
Board of Supervisor’s authorization required
Could be bonded, depending on how it is implemented.
Fairfax County businesses in Commercial and Industrial Tax Districts
Who Doesn't Pay?
Residential property owners
Effect on Household:
None for residential property owners.