Arlington County and JBG Smith have entered into a letter of intent to restructure the ground leases of 2100/2200 and 2300 Clarendon Boulevard and the theater parcel in the Courthouse Plaza complex.
Budget News
County Board Advertises No CY 2021 Base Real Estate Property Tax Rate Increase
The Arlington County Board voted to advertise no increase in the base real estate tax rate for Calendar Year 2021.
Proposed FY 2022 Budget Bridges Arlington Through the COVID-19 Pandemic
The proposed budget continues many of the holds put in place during the pandemic, but it makes investments in critical priorities, such as ongoing pandemic relief, housing affordability, equity, and schools.
February County Board Meeting Agenda Highlights
The Arlington County Board will consider dozens of items at its February 2021 Board Meeting, and will receive the Manager’s Proposed FY 2022 Budget. Due to the pandemic, the meeting will be held virtually.
Residential Property Values See Modest Increase, Commercial Values Drop for 2021
Arlington’s overall property tax base grew modestly from 2020, despite a slowdown in some parts of the County’s commercial property portfolio due to the COVID-19 pandemic.
County Board Focuses on COVID-19 in FY 2022 Budget Guidance
The County Board has charged the Manager with developing a proposed budget for Fiscal Year 2022 that focuses on supporting residents and businesses during the ongoing coronavirus pandemic.
November County Board Meeting Agenda Highlights
The Arlington County Board will give guidance to the County Manager on constructing his Proposed FY 2022 Budget, hold a public hearing on the FY 2021 General Assembly Legislative priorities, and consider dozens of items at its November 2020 Meeting..
County, Schools Highlight Joint Effort to Close FY 21 Budget Gap
Arlington’s County Board and School Board held a joint work session on working together to close an expected Fiscal Year 2021 budget gap caused by the COVID-19 pandemic.
COVID-19 Pandemic Creates Deeper FY 2021 Budget Shortfall
Decreasing revenues and increasing costs from the COVID-19 pandemic have left Arlington County with an additional $28-$39 million budget gap to fill.
Arlington Triple-Aaa Bond Rating Reaffirmed
Arlington is one of just 48 counties in the United States, and one of nine in Virginia, to receive the highest designation from all three rating agencies.