County executive presents 2020 budget to supervisors
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| County Executive Bryan Hill addresses the Board of Supervisors Feb. 19. [Supervisor John Cook] |
You can expect another increase in real estate taxes.
The fiscal year 2020 advertised budget presented by Fairfax
County Executive Bryan Hill to the Board of Supervisors Feb. 19 would retain
the current real estate tax rate of $1.15 per $100 of assessed value.
County Executive Bryan Hill to the Board of Supervisors Feb. 19 would retain
the current real estate tax rate of $1.15 per $100 of assessed value.
However, based on a 2.36 percent increase in residential equalization,
the average tax bill for homeowners will increase by approximately $149. In Mason District, the average assessment is up 2.31 percent.
The average price of homes sold in Fairfax County in 2018
rose 1.9 percent from the previous year.
rose 1.9 percent from the previous year.
Almost 76 percent of homes experienced an increase in
assessed value; 7.8 percent decreased in assessed value.
assessed value; 7.8 percent decreased in assessed value.
The county’s advertised budget calls for increasing the total
amount of funds transferred to the schools by 3.82 percent for a total of $2.35
billion.
amount of funds transferred to the schools by 3.82 percent for a total of $2.35
billion.
6 responses to “County executive presents 2020 budget to supervisors”
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Let's get something straight. It's never going to be $149.00. Unless you live in a refrigerator box, it's going to be at least twice that and probably more. So, let's keep it real. In essence, the BOS has committed itself to a long term series of budgetary commitments that will continue to exceed revenues. So, if you plan to age in place, you'd better be prepared to pay through the nose for the privilege of living in aging Mason. – Sparky
Aging and decaying. Rather than trying to make FFX a revenue generating county they just keep milking us to support programs that does not make FFX an economic powerhouse.
2.31 is incredibly modest, we’ve been in the upper teens every year for the past 3-6.
I have always been "above average" in their estimate even though the actual assessment of my house has not risen in years. So I expect a big increase again.
My assessment went up over 8%
I would not call it an assessment but rather an 8% dump tax.