May 7, 2025
FY2026 Budget Timeline
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Supervisors Reverse Proposed Real Estate Tax Increase
Some programs saved from proposed cuts; FCPS request not fully funded.
Facing a budget shortfall of $ 292.7 million, on Tuesday, May 6, in the next-to-final step of the annual budget process, the Fairfax County Board of Supervisors eliminated the 1.5 percent tax increase as proposed in the advertised budget, and reduced the tax rate by an additional quarter of a penny, to $1.1225 per $100 of assessed value.
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