With inflation at a 40-year high and assessments on homes skyrocketing, several jurisdictions have either frozen or cut their property tax rates in an effort to help struggling residents.
. That means area residents are “seeing the cost of living rise, and rise beyond our control,” Fairfax Supervisor Dalia Palchik said, before her board voted 9-1 to endorse a county budget that would lower the tax rate to $1.11 per $100 of assessed value when it is formally adopted next month.
“I am not exaggerating when I say that our community is uniquely and unfairly impacted by this substantial increase in assessments,” Marino, who said he saw the assessment on his house go up by $135,000 this year, told the board. “This translates to a unique and unfair impact on the taxes that we will be forced to pay.”
In Fairfax, which had the luxury of a $96 million surplus — after higher-than-expected revenue and some cuts made earlier in the year — the board agreed to direct $10 million toward the creation and retention of affordable housing.The county board also steered $6.1 million for pay increases to public-safety personnel hired before June 30 of last year, a move meant to address problems with recruitment and retention inside a police department where morale has been low.
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