Management & Finance
Fiscal Year 2014 Budget Information
Budget News and Updates
On April 20, 2013 the Arlington County Board adopted a $1.09 billion General Fund Budget for Fiscal Year (FY) 2014 that includes a 3.5 cent increase in the real estate tax rate and additional funding for affordable housing, maintenance of County-owned facilities and infrastructure, employee compensation and core services.
The real estate tax rate will rise by 3.5 cents, from $0.971 per $100 of assessed value (including the sanitary district tax) to $1.006 per $100 of assessed value. The overall tax and fee burden for the average Arlington homeowner will increase 4.1% -- or about $23 a month. That amount includes the increase in real estate assessments and fee changes. The FY 2014 budget includes no increases for personal property tax, business tangible property, business and professional licenses, or the commercial transportation tax rates. The household solid waste rate will also be slightly reduced from $293.92 to $293.76.
The total FY 2014 transfer to Arlington Public Schools is $415.7 million. This funding includes an increase in ongoing funds of $12.3 million and fully funds the cost of more than 1,000 new students as part of the real estate tax rate increase. In addition to the ongoing funding provided to Schools, $3.1 million in one-time funds from 2013 tax revenues are provided. The County Board has also set-aside a $6.6 million contingency fund to address community enhancements needed as part of Schools’ capacity projects and for joint use projects.
- General FY 2014 Proposed Budget Summary Information
- County Manager's FY 2014 Proposed Budget presentation, February 23, 2013
- FY 2014 County Board Work Session Information / County Board Work Session Follow Up Information
- The March 26, 2013 Budget Hearing can be seen by clicking here.
- The March 28, 2013 Tax Rate Hearing can be seen by clicking here.
Budget Planning for FY 2014
- FY 2014 forecast and overview presentation from November 17, 2012
- Press Release - FY 2014 Budget Guidance and FY 2012 Budget Closeout Report
- County Manager's presentation to Commission leaders on November 20, 2012
- Joint County and School Community Budget Forum (November 29, 2012): County and APS presentations / A list of all of the ideas and concerns raised at the budget forum
- County Board Budget Guidance. The County Board provided the Manager Barbara Donnellan with guidance as she prepares her FY 2014 Proposed Budget.
- Online Community Chat with County Manager Barbara Donnellan - read the transcript
FY 2014 QUICK LINKS
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