Property Tax Calculator
February 9. 2012 0 Comments
UPDATE 2/15/12:The County Board has advertised a $.02 tax rate increase - I have updated the calculator to reflect that.
Last night the County Manager presented her proposed Fiscal Year 2013 County budget at a County Board work session. The proposed budget represents a 2.1 percent increase from the FY 2012 Adopted Budget; excluding the increased transfer of funds to Arlington Public Schools, the county side of the budget increases only 1.6 percent over last year.
The proposed budget calls for a property tax increase of half a cent per $100 of assessed value, but the manager recommended advertising a potential increase of 1.5 cents to give the County Board some leeway to tweak the budget. (The County Board can adopt a tax rate anywhere at or below the advertised tax rate).
For those wondering what this might mean for your property tax bill, I've put together this handy calculator.
Last night the County Manager presented her proposed Fiscal Year 2013 County budget at a County Board work session. The proposed budget represents a 2.1 percent increase from the FY 2012 Adopted Budget; excluding the increased transfer of funds to Arlington Public Schools, the county side of the budget increases only 1.6 percent over last year.
The proposed budget calls for a property tax increase of half a cent per $100 of assessed value, but the manager recommended advertising a potential increase of 1.5 cents to give the County Board some leeway to tweak the budget. (The County Board can adopt a tax rate anywhere at or below the advertised tax rate).
For those wondering what this might mean for your property tax bill, I've put together this handy calculator.