The Budget Process
Arlington County’s budget follows an annual cycle, with the fiscal year starting July 1 and ending June 30. The fiscal year budget serves as the annual operating plan and is one of the three major strategic documents in the County regarding planning, in conjunction with the Annual Management Plan and the County Comprehensive Plan.
During the fiscal year, the Department of Management and Finance reviews the current budget at midyear and for the closeout of the fiscal year. As part of developing an annual budget, the Fiscal Affairs Advisory Committee (FAAC) provides further review of the County Manager’s proposed budget. The County’s budget process is consistent each year, though specific dates may change.
|Upcoming FY 2017 Budget Meeting Dates|
|County Manager Presents Proposed Budget||February 20, 2016|
|County Board Budget Hearing||March 29, 2016|
|County Board Tax Hearing||March 31, 2016|
|County Adopts FY 2017 Budget||April 16, 2016|
FY 2016 Adopted Budget Highlights
On April 21, 2015, the Arlington County Board adopted a $1.16 billion General Fund Budget for Fiscal Year (FY) 2016. It includes no tax rate hike while adding funding for Schools and economic development to the County Manager’s Proposed Budget.
- FY 2016 Adopted Budget
- No real estate tax rate increase. The real estate tax rate will remain at $.996 per $100 of assessed value, the same level as CY 2014 (including the sanitary district tax).
- Overall average increase in residential real estate assessments of 4.9 percent and a 1.8 percent increase in the water-sewer rate. The average homeowner will see their tax and fee burden rise 4 percent from the previous year. That translates to about $23 a month or $281 a year.
- Additional funding for maintaining the social safety net priorities, economic development, public safety, and an internal auditor.
- The County Board provided $451.6 million in ongoing funding for Schools, fully funding the School Board’s Proposed Budget.
- FY 2016 Adopted Budget is on the web! Citizens can access a PDF version of the documents on the FY 2016 Adopted webpage.
- County Board FY 2016 Adopted Budget Guidance and Notes
- Fiscal Year 2015 Mid-Year Review
- County Manager previews the Proposed FY 2016 budget (Press release)
- Check out the latest updates on the County’s Capital Improvement Plan webpage.
FY 2015 Adopted Budget Highlights
On April 22, 2014, the Arlington County Board adopted a $1.15 billion General Fund Budget for Fiscal Year (FY) 2015.
- FY 2015 Adopted Budget Webpage
- 1.0 cent decrease in real estate tax rate
- Additional funding for affordable housing, numerous safety net priorities, maintenance of County-owned facilities and infrastructure, employee compensation and core services
- Real estate:
- Tax rate will decrease by 1.0 cents, from $1.006 per $100 of assessed value (including the sanitary district tax) to $0.996 per $100 of assessed value for calendar year 2014.
- Overall tax and fee burden for average Arlington homeowner will increase 4.6% — or about $27 a month. (Includes increase in real estate assessments and fee changes)
- No increases in personal property tax, business tangible property, business and professional licenses, or the commercial transportation tax rates. Household solid waste rate increased 4% from $293.76 to $305.51 to accommodate the year-round collection of yard waste.
Arlington Public Schools
- FY 2015 transfer to Arlington Public Schools: $440.6 million. This includes an increase in ongoing funds of $19.6 million.
- In addition to ongoing funding provided to schools, $8.4 million in one-time funds for school construction or other one-time expenses.
- The FY 2015 budget also funds another school Clinic Aide and three new School Resource Officers.
Summary of Adopted Tax Rates (per $100/assessed value)
|TAX CATEGORIES||CY 2014||CY 2015|
|Real Estate (base rate)||$0.983||$0.983|
|Rosslyn Business Improvement District (BID)||$0.078||$0.078|
|Crystal City BID||$0.043||$0.043|
|Commercial Transportation District||$0.125||$0.125|