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Morning Notes

Morning Notes
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Long-Delayed Long Bridge Aquatics and Fitness Center to Open This Summer

Long-Delayed Long Bridge Aquatics and Fitness Center to Open This Summer
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Arlington County Board Approves New Budget That Holds Property Tax Rate Steady

Today at 11:30am The majority of Arlington homeowners will face higher property taxes, after the County Board approved a budget that holds the property tax rate steady. The Fiscal Year 2022 budget includes $1.4 billion in spending, a 3.5% increase from last year’s budget. Of that, $530 million will go to Arlington Public Schools, which will pass its final budget next month. Earlier this year County Manager Mark Schwartz proposed a budget that would have only boosted spending by 1.4%, calling it a “transition budget” appropriate for the challenges presented by the pandemic. The new county budget includes millions in additional expenditures, thanks to higher-than-expected business tax revenue and an expected $46 million in federal funding for Arlington’s local COVID-19 response from the American Rescue Plan, to be split between this year’s and next year’s budgets.

Arlington County Manager Proposes $1 36B Transition Budget

UpdatedThu, Feb 18, 2021 at 5:57 pm ET Reply In his FY2022 budget proposal, County Manager Mark Schwartz calls for $17.5 million be set aside as a COVID-19 contingency fund. (Shutterstock) ARLINGTON, VA County Manager Mark Schwartz called the Fiscal Year 2022 budget proposal he was submitting Monday to the County Board a transition budget, one that would move Arlington from a pandemic footing in the direction of a post-pandemic environment. The budget proposal sets aside money for a $17.5 million COVID-19 contingency fund and $500 bonuses for county employees. From Fiscal 21, we completely redid our budget, assuming, based on all the revenue drops that we had, that we needed to make some pretty significant changes, Schwartz said, during a Thursday news conference. Right now, we re hoping that as we move into Fiscal 22, which starts in July, that things will improve a little bit. But having said that, we still needed to make some adjustments and some cuts.

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