FY2022 Real Estate Tax: Residents Lose

FY2022 Real Estate Tax: Residents Lose, Businesses Win
County Manager proposes balancing the budget of the backs of residents.
No change in the tax rate of $1.013 is proposed. Increased revenue is achieved by manipulating assessments. In addition the separate “stormwater tax” would increase from $0.013 to $0.017.

County Manager’s Proposed FY 2022 Budget Slide 2

Meanwhile, Alexandria’s proposed FY2022 budget cuts its real estate tax rate by two-cents, Alexandria’s fourth consecutive year with no increase. News Release