Alexandria City Council Votes Not to Increase 2018 Real Estate Tax or Personal Property Tax Rates
For Immediate Release: March 15, 2018
On March 14, the Alexandria City Council voted unanimously not to consider any increases from calendar years 2017 to 2018 in the tax rates for real estate, vehicles, or business tangible property. The real estate tax rate City Council eventually adopts could be the same or lower than the current rate of $1.13 per $100 of assessed value, but cannot be higher.
On February 20, the City Manager proposed a Fiscal Year (FY) 2019 Operating Budget and Capital Improvement Program reflecting no change in any tax rate.
A public hearing on the ordinance establishing the real estate tax rate will be held on Saturday, April 14, at 9:30 a.m., at City Hall (301 King St.), in City Council Chambers.
City Council will adopt a final real estate tax rate in conjunction with the adoption of the FY 2019 budget on May 3.
For more information about the FY 2019 budget process, visit www.alexandriava.gov/Budget.