User loginLocalitiesWho's your legislator?When proposed legislation threatens the value of your home, we can help you contact your legislator. Send us a tip!Have a news item you think we'd want to share? Send it to us on our contact form! Tell a FriendClick here to send an e-mail to friend, co-worker, neighbor, or relative about the Virginia Homeowners Alliance. Contact usVa Homeowners Alliance |
Fairfax County faces $2.2 billion transportation funding shortfallFairfax County is grappling with how to deal with a $2.2 billion transportation funding shortfall over the next three years. The shortfall will grow to more than $5 billion during the next 10 years. "I don't think it's a matter of how Fairfax County is going to make this up, but how the state, the region and the county are going to make this up," said Fairfax Transportation Director Kathy Ichter. However, local residents and businesses should expect to shoulder some o the costs. The county board of supervisors is considering ways to raise funds, including imposing a county-wide meals tax, pulling money from the county's general fund, increasing commercial and industrial real estate taxes, and creating new special taxing districts. Homeowners benefit from the expansion and maintenance of transportation infrastructure, as it makes commuting between their homes and business and retail locations more convenient. That convenience can translate into higher home values when it's time to sell. Read more in The Washington Examiner.... Posted on Tuesday, June 8, 2010 - 9:16am
|
SearchStories about...
assessment
budget
business
community development
economic development
education
environment
federal funding
foreclosure
high-speed rail
home sales
home value
market trends
property tax
property taxes
public safety
public works projects
real estate tax
revitalization
school budget
tax
taxes
transportation
utilities
zoning
|