Public Notice - Arlington, Virginia
NOTICE OF PROPOSED REAL PROPERTY TAX INCREASE
The County of Arlington, Virginia, proposes to increase property tax levies.
1. Assessment Increase: Total assessed value of real property, excluding additional assessments due to new construction or improvements to property, exceeds last year's total assessed value of real property by 1.1 percent.
2. Lowered Rate Necessary to Offset Increased Assessment: The tax rate which would levy the same amount of real estate tax as last year, when multiplied by the new total assessed value of real estate with the exclusions mentioned above, would be $1.002 per $100 of assessed value. This rate will be known as the "lowered tax rate."
3. Effective Rate Increase: The County of Arlington, Virginia proposes to adopt a tax rate of $1.013 per $100 of assessed value. The difference between the lowered tax rate and the proposed rate would be $0.011 per $100, or 1.1 percent. This difference will be known as the "effective tax rate increase." Individual property taxes may, however, increase at a percentage greater than or less than the above percentage.
4. Proposed Total Budget Increase: Based on proposed real property tax rate and changes in other revenues, the total budget of Arlington County will exceed last year’s budget by 1.4 percent.
5. The County also proposes to maintain the real estate tax for properties used for or zoned to permit commercial and industrial uses at the current rate of $0.125 per $100. Revenue from this tax is dedicated for transportation initiatives.
6. The County also proposes to increase the sanitary district tax from the current rate of $0.013 per $100 of assessed value to $0.017 per $100 of assessed value. Revenue from this tax is dedicated for the stormwater management fund.
PUBLIC HEARING ON THE TAX RATE WILL BE HELD VIRTUALLY ON APRIL 8, 2021, AT 7:00 P.M. OR AS SOON THEREAFTER AS POSSIBLE AND WILL BE CABLECAST AND LIVE-STREAMED ON WWW.ARLINGTONVA.US. THERE WILL BE NO IN-PERSON ATTENDANCE DUE TO THE COVID-19 PANDEMIC. AFTER THE HEARING IS HELD ON APRIL 8, 2021, THE COUNTY BOARD MAY ADOPT A TAX RATE LOWER THAN $1.013 PER $100 OF ASSESSED VALUE, BUT IT CANNOT ADOPT HIGHER RATE.
Spanish language interpreters will be available. Please contact the County Clerk prior to hearing if interpretation services are needed. Please visit the County Board website at https://www.countyboard.arlingtonva.us for information on advanced online sign-up to speak at hearing or call Clerk’s office at 703-228-3130 to register beginning five days before the hearing. Registered speakers will be provided with information to join the virtual meeting.
A copy of the proposed resolution fixing the real estate tax rate for CY 2021 is on file and available for review by contacting the Office of the Clerk to the County Board at 703-228-3130 weekdays between the hours of 8 a.m. and 5 p.m. or by email at countyboard@arlingtonva.us.
Kendra M. Jacobs, Clerk to County Board
Arlington TV – You can watch live meetings on this page by clicking on the "In Progress" link next to the meeting when the meeting is in progress. Or watch streaming live in HD on Arlington TV's Youtube channel or broadcast on Arlington TV on Comcast Xfinity 25(SD) or 1085(HD) and Verizon FiOS 39 & 40 when meetings are in session.
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