Property Tax Rate Cut in Fairfax City?
From today's Washington Post:
Fairfax City Manager Robert Sisson proposes trimming the city's real estate tax rate by 7 cents to contain property taxes. The assessed value of property increased by 21 percent last year.
Under the $119.1 million budget proposed for the fiscal year beginning July 1, homeowners would pay 74 cents for each $100 of assessed property value. They now pay 81 cents.
March 17, 2006; 10:33 AM ET
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