Wednesday, March 20, 2013
Fairfax City Council considering raising the rate by 8 cents per $100 of assessed value.
Fairfax City Council is considering a staff recommendation to increase real estate taxes by 8 cents for Fiscal Year 2014, in part to make up for increased costs in capital improvement projects and the city's school tuition bill. At a Tuesday night council work session, the staff unveiled City Manager Bob Sisson’s budget blueprint for next year. Read about the city's proposals for employee pay and police and fire here. Check back with Patch on Wednesday and Thursday for more updates on the city's school tuition bill. The plan calls for a residential real estate tax rate of $1.09 per $100 of assessed value, an increase from the FY 2013 adopted rate of $1.01. The proposed hike comes on top of a 7-cent increase in the real estate tax the …
Level funding also expected for Fairfax City's police and fire departments.
The single largest increase in Fairfax City's Fiscal Year 2014 budget proposal is the employee retirement funds, which are projected to cost $2 million more next year due investment market swings Fairfax City Manager Bob Sisson’s $176 million budget blueprint for next year — an increase of 8.6 percent from the current fiscal year — leaves pay and benefits for the city’s 430 employees will remain unchanged. The city currently contributes 12.54 percent of the qualified employee’s salary to Virginia Retirement System. A proposal to add a cost-of-living adjustment for city employees was eliminated from the proposed budget due to financial constraints, Sisson said. The city manager wants to add one sanitation driver, at a cost of about $46,000 …
Wednesday, December 5, 2012
Staff says capital improvement spending, meager economy mean gap In Fiscal Year 2014.
Fairfax City faces a $5.2 million deficit this budget season. City Manager Bob Sisson presented economic forecasts and budget calculations at a council meeting Nov. 27, kicking off Fairfax City's FY2014 budget season. Sisson and his staff have to contend with increases in capital improvement project funding and the city's school tuition bill in balancing the Fiscal Year 2014 budget. Council members will work with staff until they adopt a budget in May. Here's a breakdown of expected city revenues and expenses for 2014: Revenues Expenses Compare the expense and revenue estimates and the city faces a $5.2 million deficit. Patch will follow the budget process throughout the winter months and into April. Click here to watch city staff go over…
Walt Potock
6:21 pm on Thursday, March 21, 2013
Why don't we all take a step back and think about what we write before showing that we too are probably guilty of exactly the same thing of which we accuse our City Government leaders. Several replies show the writer is someone having done their homework while others are merely venting because of the presented opportunity. If you don't like our city government, you should run for office and then … more ›