Arlington County Board Approves New Budget That Holds Property Tax Rate Steady
Today at 11:30am The majority of Arlington homeowners will face higher property taxes, after the County Board approved a budget that holds the property tax rate steady. The Fiscal Year 2022 budget includes $1.4 billion in spending, a 3.5% increase from last year’s budget. Of that, $530 million will go to Arlington Public Schools, which will pass its final budget next month. Earlier this year County Manager Mark Schwartz proposed a budget that would have only boosted spending by 1.4%, calling it a “transition budget” appropriate for the challenges presented by the pandemic. The new count...