Fairfax County Real Estate Taxes Going Up?

Board Of Supervisors Considers One Cent Hike

Wednesday, Mar 7, 2012  |  Updated 8:08 AM EDT
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Fairfax County Real Estate Taxes Going Up?

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Real estate taxes may be going up in Fairfax County.

Tuesday, the Board of Supervisors voted 6-3 to approve the advertising of a real estate tax rate for 2013 of $1.08 per every $100 of assessed home value.

The rate for this year is $1.07.

The increase would work out to about $45 dollars a year on average for homeowners.  It would add almost $20-million to the Fairfax County coffers.

But it's not a done deal. The board has the option of adopting a budget without changing the current rate.

Residents will also get to weigh in. A hearing on the tax rate will be held April 10.

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