WASHINGTON — The Alexandria City Council voted unanimously against any 2019 tax increases for real estate, vehicles or business tangible property.
The real estate tax rate eventually chosen by the council could be the same or lower than the current rate of 1.13 percent, but it cannot be higher.
While the rate will not go up, some homeowners might wind up paying more because of increased property values. The overall value of Alexandria’s tax base increased 2.34 percent from 2017, although the value of an individual property may vary.
For a home with an assessed value of $200,000, the current tax is $2,260.
The vote came after City Manager Mark Jinks proposed in February a fiscal year operating budget for 2019 without changes in the tax rates.
There will be a public hearing for establishing the tax rate on at 9:30 a.m. Saturday, April 14 in the city council chambers at Alexandria’s City Hall.
After the hearing, the final rate will be set for the 2019 budget on May 3.
You can see the proposals for Alexandria’s budget on the city’s website.
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