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County residents could feel the pinch of more taxes and fees

Fairfax County taxpayers may have to open their wallets a little wider under the proposal for the first real estate tax hike in six years. On average, homeowners would pay ....

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Fairfax County Proposes Real Estate Tax Decrease in Limited New Budget

February 24, 2021 at 9:45am
Fairfax County is considering lowering its real estate tax rate by one cent for the next fiscal year in an attempt to give relief to homeowners during the ongoing COVID-19 pandemic.
County Executive Bryan Hill presented the proposal to the Fairfax County Board of Supervisors yesterday (Tuesday) as part of an advertised Fiscal Year 2022 budget that illustrated how the pandemic has curtailed the county’s ability to fund top priorities, from education and employee pay to affordable housing and environmental initiatives.
According to Hill, the county’s residential real estate market has been “very strong” over the past year with 88% of residential properties seeing an increase in assessed value, but that also places a greater burden on homeowners at a time when unemployment is up and many people are struggling to pay their bills. ....

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