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.