Real Estate Tax Changes Coming

Real Estate Tax Changes Coming

The County Board members announced during a meeting Monday evening that they intend to cut the real estate tax rate by 6 cents when they adopt the budget for fiscal year 2007 on April 22.

The Board is also expected to increase the personal property tax from $4.40 per $100 of assessed value to $5, which will net the county an additional $9.5 million for the upcoming year.

Board members signaled that they will make several key additions to the County Manager's budget proposal released last month, including a large-scale raise for public safety officials, increased funding for human services and additions to the PAYGO capital fund.

Look for full coverage of the budget and tax rate in next week's Arlington Connection.