Tuesday, May 7, 2013
Spending is up 8.3 percent over last year, and homeowners will see a jump in their real estate tax and wastewater bills.
The City of Fairfax has officially adopted its budget for Fiscal Year 2013-144 (FY 13-14). In a nutshell, yes – taxes are going up. But, not as much as City staff had originally proposed. General fund and spending In its meeting last Tuesday, April 30, the City Council approved the City’s $125.6-million general fund operating budget for FY 13-14. That is an increase of $5 million, or 4.2 percent, from the prior year. The total of all appropriated funds is $175.4 million, an 8.3 percent increase above the previous fiscal year’s budget. Real estate taxes going up As expected, the Council did vote to raise real estate taxes, for the second year in a row, for residential home owners – but, not as much as City Manager Bob Sisson originally …
Wednesday, March 27, 2013
Council members said they would rather not raise taxes, but costs are increasing for capital improvement projects and schools.
The Fairfax City Council on Tuesday night approved the top rate that they can raise residential tax rates for Fiscal Year 2014, calling for a possible maximum increase of 7 cents per $100 of assessed property value. For someone with a $400,000 home in Fairfax City, that could raise real estate taxes by more than $250 per year. On a 4-3 vote, the council rejected a staff recommendation to increase real estate taxes by 8 cents, and instead approved advertising a residential real estate tax rate of $1.08, a potential increase of 7 cents from the FY 2013 adopted rate of $1.01. The Tuesday council action does not set the tax rate. It merely sets the maximum amount that the city can seek to levy next year when it adopts a final rate at its May …
Monday, December 3, 2012
Payments must be turned in or postmarked by Wednesday.
Mark your calendars. Real estate tax payments in the City of Fairfax are due Wednesday (Dec. 5.). Turn yours in on time or you'll face late fees. You can send in your payment by: Here's a quick run-down of real estate tax relief and exemption programs: Check out the city's tax calendar here.