Arlington County Manager Barbara Donnellan will propose a 3.2 cent real estate tax rate hike when she outlines her proposed budget to the County Board Wednesday afternoon, ARLnow.com has confirmed.
Donnellan’s recommendation, if approved by the County Board, would raise the overall tax rate to 100.3 cents per $100 in assessed value for residential property. It would be the first time since 2001 that Arlington’s residential tax rate has crossed the $1 mark.
On Friday, Donnellan announced 46 job cuts as part of her effort to close a $25-50 million gap in the upcoming county budget. She has said that her recommended budget will include both spending cuts and tax hikes.
While a rate of 100.3 cents may seem high compared to Arlington’s 81.8 cent rate just six years ago, for tax year 2007, it is not the highest rate county taxpayers have paid in recent memory. In 2000 and 2001, the rate was 102.3 cents.
It’s also lower than some neighboring jurisdictions. This past year, Arlington’s rate was $0.971 per $100 in assessed value, compared to:
Fairfax County: $1.075
Loudoun County: $1.235
Prince William County: $1.209
City of Alexandria: $0.998
City of Falls Church: $1.270
District of Columbia: $0.850
Montgomery County: $0.838
Prince George’s County: $1.072
The County Board may, as it has done in the past, set a different rate than the manager’s recommendation. Last year, the Board approved a 1.3 cent tax rate increase, to the current 97.1 cents, after Donnellan recommended a 0.5 cent increase. In 2011, however, the Board agreed with Donnellan’s recommendation and held the tax rate steady from the year prior, at 95.8 cents.