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Friday, June 30, 2017

No Real Estate Tax Rate Increase in FY 2018

Property owners in Fairfax County will not see an increase in the real estate tax rate on July 1. The $4.1 billion budget adopted by the Fairfax County Board of Supervisors for fiscal year 2018, includes $13 million in “savings, reductions, and efficiencies.” This will allow the tax to stay at its current rate of $1.13 per $100 of assessed value.

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