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Fairfax County 2014 Budget

Tuesday, February 26, 2013

Fairfax County Budget Proposal Raises Taxes, Cuts Services

No employee pay increases in Fiscal Year 2014 spending plan, which would increase average household taxes by $262 and give Fairfax County Public Schools $62 million less than officials asked for.

Fairfax County Executive Ed Long unveiled Tuesday his $7 billion FY2014 budget proposal, a plan that raises real estate taxes and cuts funds to parks and libraries, among other services. Long’s advertised budget includes a 2-cent increase in the real estate tax rate from $1.075 per $100 of assessed value to $1.095. The increase is projected to raise nearly $42 million in count revenue. But when coupled with increases in real estate assessments, the proposed rate would cost the average county household about $262 more in real estate taxes. Revenue projections are generally flat for the coming year, showing a slight decrease in growth from 2.79 percent in FY2013 to 2.77 percent in FY2014. With sequestration around the corner, Long said the …

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