With the economy on a free fall, there has been a great deal of talk on all three levels of government (Federal, State, and Local) to raise taxes. Their reasoning: make up for a blossoming deficit. A deficit that came with excessive and wasteful spending on programs, etc.
With the recent talk of tax hikes, Fairfax County will most likely raise property taxes, in addition to, cutting jobs and eliminating programs. The property taxes will raise from its current level of $.92 per $100 of the assessed value to $1.05.5 per $100. This would cause property owners to pay $14 more for property taxes in 2010. Along with this, there would be pay freezes and an increase in user and recreational sports fees. Additionally, there would an increase in storm water management.
Right now, we need to look more closely at programs that are not working for the benefit of those in Fairfax County and begin cutting those out before we resort to a tax hikes. Let’s be creative and find a way to solve these fiscal downfalls.
It would have been nice if this news came out BEFORE the last special election!
Hey Crystal Clear -
Just landed on your site via twitter this morning. I appreciate your bringing to our attention the likely property tax increase in Fairfax County (my home). What is the likelihood of stopping an increase? Do you have any inside information as to how many board members would oppose this idea?
Thanks,
DT
For clarification… what you are talking about is the tax rate… not the assessment. The assessment specifically refers to the system each locality uses (whether it be in-house or contracted) to reevaluate all Real Estate values at a specified interval mandated by the State.