Alexandria’s City Council set a maximum tax rate at 4 cents higher than the current $1.11 tax rate — a significant increase, but less than the 6-cent increase proposed earlier in last night’s (Tuesday) meeting.
The maximum tax rate, as was emphasized several times in the meeting by nearly everyone on the City Council, does not reflect what the tax rate will be in the final budget, it is only the highest tax rate the City Council can possibly go to in its budget.