WASHINGTON — County leaders in Northern Virginia are hammering out the final details of their budget plans for the new fiscal year, and it appears property taxes will be going up for many homeowners.
Under a spending plan adopted by the Fairfax County Board of Supervisors Tuesday, property taxes would increase from $1.09 to $1.13 per $100 of the assessed value of a home. That means the average Fairfax County homeowner would end up paying an additional $304 in taxes annually.
According to county figures, the increase would generate $93 million. Much of that money would be funneled into the county’s public schools, which comprise the largest public school system in the D.C. area.
Supervisors have scheduled a final vote on the budget for Tuesday, April 26. It would take effect July 1.
A similar debate is ongoing in Prince William County, where the board of supervisors is split on whether to include a tax hike in its new budget.
The board heard public comments Tuesday evening during a hearing, and supervisors have yet to adopt a spending plan. They are considering a proposal that would raise property taxes to $1.145 from the current $1.122 per $100 of assessed value.
That would equate to an additional $145 a year in taxes for the average homeowner.
