The combined value of all residential and commercial property rose by 1.9 percent over the past year, compared to 3.0 percent the previous year.
You can view an archived, captioned video of the meeting on the County website.
County Manager Mark Schwartz will now prepare his Proposed FY 2019 Budget in keeping with the Board’s guidelines.
The Arlington County Board’s November Meeting will be held on Saturday, Nov. 18, Monday, Nov. 27 and Tuesday, Nov. 28. Here are Agenda Highlights.
The County Board took action on several items.
Projections indicate a $10-13 million estimated gap between revenue and expenditures for the County.
Arlington County has issued $58 million of Series 2017 IDA Revenue Bonds in a negotiated sale sold to investors at a 3.24 percent average interest rate.
In a series of roundtables, the county’s executive leadership team will be discussing budget priorities and challenges.
The County plans the October revenue bond sale to finance large capital projects, including the purchase of the Buck Property and a new home for Head Start.
The County Board will consider dozens of items at its September County Board Meeting.