Real Estate Assessment Tax Hike is ‘Baloney’
The 6% assessment jump in property values for City of Falls Church residents implies a 6% increase in the property taxes the City of Falls Church will collect in 2014 even if the Council, in its wisdom, doesn’t see fit to increase the tax rate again.
Note that after the relatively large increase in rate and assessment last year, the city had a large surplus in its budget which the political structure treated as a “false surplus” because forsooth the city budget year doesn’t match the expenditure year.
It was baloney then and it is now.
Perhaps the Council should consider a cut in the tax rate especially taking a hard look at the unnecessary increase last year.
Henry J. Gordon
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