Richmond Mayor Levar Stoney is proposing increases on property taxes and cigarettes to help pay for increased school funding.
Homeowners in Arlington County could be paying a bit more in property taxes in the upcoming budget year if manager Mark Schwartz‘s latest proposal is approved. And the bump could have been higher.
The Alexandria City Council will review 2019 property assessments next week, and most homeowners will see an increase in their taxes.
If you currently own a home, are considering purchasing one or have made changes to your mortgage, it’s important to know how your tax return may be affected.
U.S. Rep. Scott Taylor is late on the payments for multiple properties. Records show the Virginia Beach Republican apparently ignored accumulating tax bills since last fall for six rental houses, a duplex and a vacant lot in Norfolk as well as a Virginia Beach townhouse.
Montgomery County Executive Isiah “Ike” Leggett said his 12th and final budget will fully fund the county’s schools, spend slightly more and hold steady on property taxes.
Loudoun County’s total taxable real estate increased to $77.7 billion for 2018, up 6.61 percent from 2017, counting new construction.
Before the year ends, residents in Fairfax and Montgomery counties can prepay their property taxes ahead of the new federal tax law, which sets a $10,000 cap on property tax deductions beginning Jan. 1, 2018.
In the wake of the new tax law that places a $10,000 cap on property tax deductions beginning in 2018, the Montgomery County Council is holding a special session to allow residents to pay their property taxes earlier.
Property taxes and other local taxes vary widely and in one locality, homeowners can pay double the property taxes than another Northern Virginia community. And check out our interactive map of area tax rates.
Arlington County property owners can expect to pay higher tax bills next to year to cover the cost of growing school enrollment and to help pay for Metro’s budget shortfall.
The city manager says a sluggish regional economy is to blame for the lackluster assessment, which saw an overall increase of just 2 percent. Residential real estate grew even less.
Property values in Maryland are continuing a steady upward climb, according to a new assessment of residential and commercial properties.
Northern Virginia voters will decide on more than just the president and members of Congress when they enter the voting booth Nov. 8. They will also be asked to vote on funding for Metro, roads, parks and schools, in addition to two statewide constitutional amendments.
Calvert County will raise real property taxes for the first time in 29 years, and local income taxes for the first time in 13 years as part of a $246.8 million budget approved Tuesday.
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