Do you have questions about the upcoming FY 2023 Fairfax County Budget?
The McLean Citizens Association (MCA) will host (through zoom) a virtual meeting on the FY 2023 County and FCPS Budgets on February 28, 2022, from 7 pm to 8:30 pm. To register for this event go to the Event's Calendar or use this link - Annual County/FCPS Budget Meeting - 2/28/2022. The event will also be live streamed on our Facebook page - (20+) McLean Citizens Association | Facebook.
Supervisor John Foust, School Board Member Elaine Tholen, County Executive Bryan Hill, County CFO Christina Jackson, and FCPS CFO Leigh Burden will present information and answer questions about the County and FCPS proposed FY 2023 budgets. The FCPS Superintendent will release his FY 2023 Proposed Budget on January 13. The County Executive will release his “Advertised” (i.e., proposed) FY 2023 Budget on February 22, and the County and FCPS will have a joint budget discussion on February 25. If you have a question you would like our distinguished guests to address at the meeting, please send them to info@mcleancitizens.org.
In 2023, it is anticipated that most Fairfax County homeowners’ property tax bills will increase. On November 23, 2021, the County released its “Fiscal Forecast,” which stated that “robust FY 2023 revenue growth is expected, mainly driven by growth in the Real Estate tax base.” The Fiscal Forecast projected average residential assessed values would increase by 8.7%, and unchanged federal and state revenues. To read more about the Fairfax County Forecast, go to:
https://www.fairfaxcounty.gov/budget/sites/budget/files/assets/documents/budget%20committee%20meeting/2021/nov-23/2021_nov_23_fy2023_joint_forecast_final.pdf.
A home’s property tax bill equals its assessed value multiplied by the County tax rate. Residential property tax bills for 2023 therefore will depend on the extent to which County Supervisors reduce property tax rates to offset higher assessments. Reducing property taxes, however, will require decreases to projected County and FCPS expenditures.
Supervisor Foust’s top priority for this meeting is to hear from his constituents on the County’s Advertised (i.e., proposed) FY 2023 budget, especially regarding their priorities. If you want to express your priorities or just learn more about the County and FCPS budgets, this virtual meeting provides you with an opportunity to do either or both from the comfort of your home.
Don't forget to register!