Wednesday, April 2, 2008

Falls Church & Surrounding Jurisdictions' Proposed Tax Rates for 2008 - THE FACTS

Fact: The Real Estate tax rate for Falls Church for 2006 and 2007 remained steady at $1.01 - coming in at #5 out of the 11 Northern Virginia jurisdictions tax rate comparison schedule. See table*
Fact: Falls Church's projected Real Estate tax rate for 2008 is $1.04 - - - coming in even lower at #8 on the list of the 11 Northern Virginia jurisdictions. See table**
Fact: While some of Falls Church's neighbors have been hit with 20%+ increases in their Real Estate tax rates for the coming year, most Falls Church homeowners can expect to see LOWER tax bills in 2008 for their homes. Average homeowner's tax bill will decrease by $112.
Fact: Falls Church's ability to lower most homeowner tax bills for '08 is due to increase in new commercial construction/assessments. See http://www.fallschurchva.gov/ article on RE Assessments dated 3-5-08.
So, please. Remember the FACTS when the doomsday naysayers begin their campaign season rhetoric!




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