City Council to Hold Public Hearing on Real Estate and Personal Property Tax Rates

April 12, 2012 – (RealEstateRama) — The Alexandria City Council will hold a public hearing on the 2012 Real Estate and Personal Property Tax Rates on Saturday, April 14, beginning at 9:30 a.m. in City Council Chambers, Room 2400 (2nd Floor) at Alexandria City Hall, 301 King St. On March 13, the Alexandria City Council voted 5-2 to authorized advertising a maximum possible real residential property tax increase to $1.008 per $100 assessed value, an increase of one cent. The personal property tax rate on vehicles and business tangible property tax rates would remain unchanged. The Council will determine and vote on a final real property tax rate when they adopt the Operating Budget and Capital Improvement Program on May 7, 2012.

Individuals may sign up online prior to the public hearing or call the Office of the City Clerk and Clerk of Council at 703.746.4550. Presenters are requested to provide a copy of their text to the City Clerk and Clerk of Council. Persons with disabilities who wish to request an accommodation for this public hearing should contract the Office of the City Clerk and Clerk of Council at 703.746.4550 (TTY/TDD 703.838.5056) prior to April 14, 2012, if possible.

For more information about the City’s draft FY 2013 Budget, visit alexandriava.gov/Budget.