New Property Tax Rates - Effective July 1
The majority of Northern Virginia home owners will find their residential real estate property taxes have increased for FY 2011-2012. Below is a list of the new rates by jurisdiction:
|City of Alexandria||$0.998|
$0.958 + $0.125 for commercial properties
|Town of Clifton||$1.07|
|City of Fairfax||$0.965|
$1.07 + $0.11 for commercial properties
|City of Falls Church||$1.27|
|Town of Herndon||$0.265 + Fairfax County tax|
|Prince William County||$1.204|
|Town of Vienna||$0.2421 + Fairfax County tax|
Rates are for FY 2011-2012. All rates are per $100 of assessed value.
*Information provided by NVAR.