taxes | FFXnow - Part 10

Morning Notes

Published July 19, 2022 at 7:30AM

The Vienna bookstore Bards Alley celebrated its fifth anniversary this past weekend (staff photo by Pia Kramer)

GW Parkway Rehab Breaks Ground in McLean — “Top federal and local officials participated in a groundbreaking ceremony Monday morning on a $161 [million] project to upgrade the northern section of the George Washington Memorial Parkway.” [Patch]

W&OD Trail Detour Starts in Reston — “In preparation for the future bridge there, underground utilities along the trail on the west side of Wiehle Ave in Reston are being relocated, necessitating a detour to the gravel trail to the north. This detour will be in effect from Tues, July 19 to Fri, July 22.” [W&OD Trail/Twitter]

News

Vienna Town Council approves $48M budget, cuts real estate tax rate

By Angela Woolsey

Published May 17, 2022 at 1:30PM | Updated May 17, 2022 at 2:01PM

Town of Vienna sign on Maple Avenue (file photo)

Vienna residents’ next property tax bills won’t be quite as high as anticipated, even as the town commits to raising employee salaries and other additional costs.

The Vienna Town Council voted unanimously last night (Monday) to adopt a $48.7 million budget for fiscal year 2022-2023 with a real estate tax rate of 20.5 cents per $100 of assessed value — a 1.75-cent cut from the current rate. The new budget will be in effect from July 1 through June 30, 2023.

Countywide

As residential property taxes rise, Fairfax County’s commercial base shrinks

By David Taube

Published May 6, 2022 at 1:30PM

Fairfax County Government Center (file photo)

While many Fairfax County homeowners are bracing for jumps in their real estate tax assessments, the overall property tax burden on commercial and industrial property owners is projected to drop.

With the market upended by the pandemic, telecommuting, and other factors, the county’s property tax revenue for commercial and industrial properties will decrease by $8 million for fiscal year 2023, which starts July 1.

Countywide

County board approves budget tweaks after debate over size of spending package

By David Taube

Published April 27, 2022 at 9:45AM

The Fairfax County logo is shown on the front of the Fairfax County Government Center building at 12000 Government Center Parkway (Staff photo by David Taube)

On average, Fairfax County residential property owners will see a bigger hike in their tax bills this year than at any other point in the 21st century.

Based on a real estate tax rate three cents lower than what was originally advertised, the average increase of $465 will come once the Board of Supervisors officially adopts a budget on May 10 for fiscal year 2023, which starts July 1.

Countywide

County board to reduce real estate tax rate, though bills will still go up

By David Taube

Published April 25, 2022 at 9:00AM

The Fairfax County Government Center (file photo)

Property tax bills are poised to go up — but somewhat less than initially expected.

The Fairfax County Board of Supervisors’ budget policy committee discussed a plan on Friday (April 22) to set the property tax rate at $1.11 per $100 of assessed property value, a 3-cent decrease from the current rate.

Countywide

County workers, homeowners share impact of rising costs as board starts to mark up budget

By David Taube

Published April 22, 2022 at 12:45PM | Updated December 9, 2022 at 1:51PM

County worker Karen Johnson speaks at a budget hearing on Tuesday, April 12, 2022 (via Fairfax County)

Karen Johnson commutes two hours each way to get to work in Fair Oaks, leaving at 5 a.m. from her home in Fredericksburg.

Johnson, a child care center teacher, has tried to live in Fairfax County but can’t afford it, she said on April 12 at a budget hearing with fellow union members. She called on the Board of Supervisors to fund proposed raises to the county’s 11,000-plus merit workers.

Countywide

County residents call for property taxes to be lowered with new budget

By David Taube

Published April 13, 2022 at 3:00PM

The Fairfax County Board of Supervisors holds a public hearing on the Fiscal Year 2023 proposed budget (staff photo by David Taube)

When Centreville resident Jim Church received his property assessment, he saw a 14.5% increase, which he calculated would amount to $1,100.

Other residents shared similar concerns yesterday (Tuesday) at the first of three scheduled public hearings on Fairfax County’s proposed budget for fiscal year 2023, which starts July 1.

News

Tysons tax revenues help fully fund design of Route 7 widening

By Angela Woolsey

Published April 12, 2022 at 1:30PM

Route 7 seen from Route 123 in Tysons (staff photo by Angela Woolsey)

Fairfax County has secured all the funding it needs to design a future widening of Route 7 from Route 123 to I-495 in Tysons.

The Tysons Transportation Service District Advisory Board approved allocating up to $7.8 million from the district’s tax revenues to the Route 7 project last month, a move recommended by Fairfax County Department of Transportation staff.

News

Fairfax County sees highest average gas prices in Virginia, as lawmakers consider relief

By David Taube

Published March 25, 2022 at 3:00PM

A Sunoco gas station in Herndon was selling gas for just under $4.40 per gallon on Friday, March 25, 2022 (photo by David Taube)

As gas prices continue to cost drivers more at the pump, Virginia is looking for possible relief, such as suspending the state’s gas tax.

The average price of gas in Fairfax County is currently around $4.33 per gallon, the only jurisdiction in the Commonwealth averaging over $4.30 at this point, according to AAA.

Countywide

Change in data center values has implications for Fairfax County Route 28 taxpayers

By David Taube

Published March 17, 2022 at 3:00PM

Route 28 by the Frying Pan Road interchange (via Google Maps)

With property tax assessments skyrocketing, Virginia lawmakers passed a bill this year to change how data centers are valued, which could influence how quickly a local tax district can repay debt for projects that widened Route 28.

The Route 28 Highway Transportation Improvement District’s Fairfax County portion consists of over 1,000 parcels south of the Dulles Toll Road. New assessments for commercial and industrial properties in that area are relatively in line with increases seen in previous years.