Arlington assessments increase
Christy Goodman reports on the Virginia Politics blog that the average single-family homeowner in Arlington County could see an increase in their property taxes.
Arlington’s 2011 property value assessments are up 6.3 percent, almost eliminating last year's decline of 7.2 percent, said county finance gurus.
Residential values are up 1.4 percent and commercial property values are up 12 percent, said Michelle Cowan, director of management and finance.
The taxes on an average county home, worth about $510,200, would increase by 1.4 percent or $67 to $4,888 without service fees included, said Richard Stephenson, budget director.
Read the entire post on the Virginia Politics blog.
This post has been updated since it was first published.
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