Arlington County Projects $10M Budget Gap in Upcoming Year - NBC4 Washington

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Arlington County Projects $10M Budget Gap in Upcoming Year

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    Arlington County Projects $10M Budget Gap in Upcoming Year
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    Budget officials in Arlington County expect a funding gap of $10 million to $13 million for the upcoming fiscal year. 

    At a presentation Tuesday at a County Board meeting, County Manager Mark Schwartz said projections show 3 percent growth in revenues for fiscal year 2019, but expenses are projected to increase by 4 percent.

    The projected gap does not account for the Arlington Public Schools revenue and budget.

    The gap represents between 1 and 2 percent of the county budget, again excluding schools. 

    Arlington County residents currently pay the lowest property tax rate in Northern Virginia, at a rate of $1.006 per $100 in assessed value.

    The county is in the midst of a series of budget roundtable discussions to gather suggestions from citizens.