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City Budget

Thursday, March 14, 2013

Alexandria Council Advertises 4 Cent Increase to Real Estate Property Tax Rate

If adopted at the maximum rate, the real estate property tax would result in the average Alexandria residential tax bill increasing up to $314.

Alexandria City Council unanimously voted Tuesday to advertise the maximum residential and commercial property tax rate at $1.038 per $100 of valuation for fiscal year 2014, an increase of 4 cents from the prior year but down from an initial recommendation of a 5.5-cent hike. Council can settle on any rate at or below $1.038 as it works through the budgeting process, which is scheduled to end with adoption on May 6. The tax rate on motor vehicle property is proposed to increase from $4.75 to $5 per $100 of assessed value. The rate on business equipment and other types of vehicles is not proposed to change. In its budget guidance for City Manager Rashad Young, council asked for an optional 3-cent hike to offset cash capital investments on …

Nate McKenzie

3:37 pm on Thursday, March 21, 2013

Although a bit simplistic, a tool like this (from Fairfax County) would let us see the forest from the trees when we discuss budget numbers: http://www.fairfaxcounty.gov/braddock/pdfs/letter-simulation.pdf   more ›

Tuesday, February 26, 2013

City Manager Proposes $626.6 Million Operating Budget

The city's general manager said he considered a projected $30.5 million budget shortfall in this fiscal year 2014 plan.

Alexandria’s city manager Tuesday proposed a $626.6 million operating budget for fiscal year 2014. The proposal includes a 3 cent real estate property tax increase to $1.053 per $100 of assessed value for cash capital investments, and a motor vehicle tax rate of $5 per $100 of assessed value—an increase of 25 cents. The increases would add a combined $21.1 million in revenue. These tax rate hikes would be used to pay for an increase in the Alexandria City Public Schools operating budget, capital investments and transit expansion and improvement programs, City Manager Rashad Young said in a Tuesday afternoon media briefing at City Hall. Within the General Fund Operating Budget, Alexandria City Public Schools would see an increase of 3 …

million

12:17 pm on Tuesday, April 9, 2013

You get what you vote for.   more ›

Wednesday, October 3, 2012

Public Comments Welcome on FY14 Operating Budget

Residents are encouraged to offer their input on the city's FY14 budget at Oct. 13 public hearing.

City Council invites the public to attend its regularly scheduled Saturday public hearing to offer comments on the fiscal year 2014 operating budget and Capital Improvement Program. The Oct. 13 hearing begins at 9:30 a.m. in City Hall. Residents are encouraged to provide input on how the city should use "its available resources to meet its most important community goals," according to a news release from the city. Fiscal Year 2014 begins July 1, 2013. For more information, visit alexandriava.gov/Budget.

Wednesday, October 5, 2011

Tell City Council How to Spend Alexandria's Money

The public is invited to offer its input on how the city should use its financial resources.

The public is invited on Oct. 15 to attend City Council’s regularly scheduled public hearing to offer comments regarding Alexandria's Fiscal Year 2013 Operating Budget and Capital Improvement Program, which begins July 1, 2012. Residents are encouraged to "provide input on how the City should use its limited financial resources to meet its most important community goals," according to a city news release.   The public hearing will convene at 9:30 a.m. in the City Council Chamber in City Hall, which is located at 301 King St. For more information, visit www.alexandriava.gov/Budget. To view the public hearing docket once it is available, visit alexandriava.gov/CityClerk or call the Office of the City Clerk at 703-746-4550.

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