Board of Supervisors Approves Advertised Tax Rate of $1.05
March 9, 2009
At its meeting today, the Fairfax County Board of Supervisors approved the authorization to advertise a brief synopsis of the FY 2010 Budget and a real estate tax rate for FY 2010 of $1.05 per $100 of assessed value. The current FY 2009 rate is $0.92.
Advertising an increase in the rate does not prevent the board from lowering any advertised tax rate, but a higher tax rate cannot be imposed without advertising the higher rate.
This $1.05 rate will provide flexibility of one cent or $20.54 million above the county executive’s FY 2010 proposed budget. Each one cent increase in the real estate tax rate impacts the average residential taxpayer’s annual bill by $45.92.
In addition, the board authorized the advertisement of a Stormwater Management Service fee of $0.015/$100 of assessed value to support stormwater management programs and services and capital project requirements.
Residents can submit comments about the tax rate and the budget 24 hours a day online or by calling the budget hotline at 703-324-9400.
Public hearings before the Board of Supervisors have been scheduled for Monday, March 30, at 7 p.m.; Tuesday, March 31, at 3 p.m.; and Wednesday, April 1, at 3 p.m. To place your name on the speakers list, call 703-324-3151, TTY 703-324-3903, or sign up online.
A series of community meetings are being held through March 26. These meetings will give residents the opportunity to ask questions and discuss specific concerns. Representatives from the Department of Management and Budget will be present at each meeting. The complete schedule is available online.
Contact: Merni Fitzgerald, Director, Office of Public Affairs
703-324-3189, TTY 711, Media Pager: 703-324-NEWS (6397)
To request this information in an alternate format, call 703-324-3187, TTY 711