Alexandria’s City Council set a one-cent ceiling for the city’s real estate tax rate on Tuesday night.
City Councilman John Taylor Chapman made the motion to increase the ceiling, which is not the final adopted tax rate. While City Manager Jim Parajon’s proposed $977 million Fiscal Year 2027 budget has no tax increase, the one-cent ceiling gives the city more options in crafting the budget, which is set for a final council vote on April 29.