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 ...