Tax rate required to offset 60-percent increase in assessments: 76 cents![]()
Moreover, the $1000-dollar increase in real estate taxes dwarfs the typical homeowner’s savings from the car tax rollback, which is about $550. "Supervisor Connolly repeatedly stated that taxpayers could afford to pay higher real estate taxes since they were paying lower car taxes," Purves said. Purves continued: "Fairfax County spending per resident, even when adjusted for inflation, is at an all-time high. Public school inflation-adjusted spending per student is at an all-time high. Real estate taxes are at an all-time high. And what’s improved? We’re paying higher taxes for crowded roads and schools." Purves called the supervisors’ proposed real
estate tax rate reduction from $1.21 to $1.16 "too little too late." "While
assessments increased over 60 percent in four years, the supervisors made
only a token reduction to the tax rate. To eliminate any tax increase arising
from the 60-percent increase in residential assessments, the supervisors must
set the tax rate at 76 cents, not $1.16," Purves concluded. To see $400
million in wasteful county spending identified by the FCTA, visit the www.fcta.org
home page. |