Management and Budget

CONTACT INFORMATION: Our office is open 8:00 AM - 4:30 PM M-F
703-324-2391 TTY 711
12000 Government Center Parkway Suite 561
Fairfax, VA 22035-0074
Philip A. Hagen
Director

Board of Supervisors Adopts FY 27 Budget, Reduces Real Estate Tax Rate

The Board of Supervisors adopted the FY 2027 budget, effective July 1. The budget includes a quarter-cent reduction in the real estate tax rate to $1.12 per $100 of assessed value and restores funding for programs such as the low- and moderate-income home repair pilot and part-time preschool.

QUICK SUMMARY

  • The Board of Supervisors lowered the real estate tax rate from $1.1225 to $1.12 per $100 of assessed value.
  • The markup includes targeted investments in affordable housing, economic competitiveness and key community programs, including partial restoration of select programs based on community feedback.
  • The budget maintains core services and increases reserves, positioning the county to manage continued fiscal uncertainty.

 

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