County Budget Proposal is for $3.3 Billion

A budget for fiscal year 2008 of $3.3 billion , an increase of 1.34 over the fiscal year 2007 revised budget plan, was proposed to the Board of Supervisors by Anthony H. Griffin, the county executive today.

Also today, the county said it began mailing assessments to property owners, and the majority of residential properties decreased or showed no change in value. The overall equalization change for residential property was .33 percent.

Commercial properties showed an overall equalization increase of 13.57 percent.

Assessments by area showed a range of increases from an average rise in Lorton of 2.59 percent to an average decrease in Fairfax Station of 3.05 percent.

Details on the budget and on assessments will appears in tomorrow's editions of The Washington Post and in the March 8 issue of the Fairfax Extra.

By Focus on Fairfax |  February 26, 2007; 12:49 PM ET  | Category:  Economy, Taxes , Government
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Posted by: Jim Foster | March 3, 2007 3:21 PM

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