Alexandria’s City Council set the maximum real estate tax rate at a half-cent higher than the current rate, with officials saying that 2022’s hardships make any higher burden on residents untenable.
The City Council voted unanimously for the real estate tax rate to be set at no higher than $1.115 per $100 of assessed value, a slight increase from the current $1.11. While the eventual real estate tax rate could be lower than $1.115, it won’t be higher. Additionally, the city won’t increase the tax rate on personal property or business-tangible property.
At the current rate, the average residential tax bill is expected to increase by $445 or 6.5% compared to last year’s bill. At the maximum rate of $1.115, that residential tax rate bill would increase an average of $477 or 7%.
City Manager James Parajon’s proposed budget maintains the current tax rate. The additional half-cent provides some flexibility, but not as much as some on the Council would hope for with the city already facing calls for more funding to environmental and affordable housing needs.
“That half-cent is going to go quickly,” said City Council member Canek Aguirre, “so I hope everyone has an idea of where they’re going to find this money from.”
The new maximum rate was unanimously approved. A virtual public hearing on the real estate tax rate is scheduled for Saturday, April 23, and final budget adoption is scheduled for May 4.
“I do agree that we need to give ourselves the flexibility in order to make the decisions over the coming months and take into account any new information we get through our work sessions,” said City Council Member Alyia Gaskins. “At the same time I too and leaning more conservatively. I really do think this is going to be a hard time for our residents. I also think that we are in a unique time that we have ARPA funds and additional revenue coming in, so I think being able to think about ‘are we using that in the most strategic way possible.'”
It’s a change that likely won’t go noticed by many Alexandrians, but the city is making an adjustment to its manholes that could have an impact on flooding during storms….
Alexandria Police are investigating a report of shots fired last Thursday night in the 700 block of N. West Street in the Braddock area. No arrests have been made, and…
Shooting Victim Dies After Being Dropped Off at Fairfax County Hospital — “A man is dead after being dropped off at a Fairfax County hospital with a gunshot wound Sunday morning,…
A 1 BD/1 BA condo at the Jamieson with floor-to-ceiling windows is Today’s Listing of the Day.
Looking for a more convenient way to work out?
On the Go Fitness Pro offers in home personal training. We bring the gym to you, so you can save time and skip the hassle of going to the gym. Plus, our trainers are certified and experienced, so you can be sure you’re getting the best possible workout.
We provide all the equipment needed for a great workout or we can use the equipment that you have.
Are you tired of going to the gym? It might be the crowds, the locker room, waiting on equipment or the time it takes to commute to the gym.
Having a personal trainer come to your home will keep you accountable, save you time and allow you to workout in the comfort of your own home.
Skip the hassle of the gym and try our in-home personal training service.
Our services are reasonably priced, convenient, effective and are risk free.
Join the City of Alexandria and Arlington County’s Initiative to Rethink Energy at our first ever electric vehicle (EV) and sustainable technologies showcase! Get inspired by seeing a variety of electric cars, scooters, bikes, motorcycles, police cars, buses, trucks and