Mayor Alyia Gaskins identified economic development as the critical path to potential future tax relief for Alexandria residents, emphasizing that significant commercial growth is necessary to balance the city’s predominantly residential tax base.
“If we are looking to one day get to a state where we’re able to reduce taxes, then that is directly tied to our big swings around economic development,” Gaskins said during a one-on-one Ask The Mayor conversation with ALXnow Publisher Ryan Belmore on Wednesday (May 21)