Fairfax City Council Adopts Budget For Fiscal Year 2019-20
The City Council for the City of Fairfax has approved the municipality’s $145.5 million General Fund operating budget for fiscal year 2019-20, an increase of $3.5 million, or 2.5 percent from the prior year. The total approved budget for all funds is $170.0 million, a 1.0 percent decrease from the previous fiscal year’s budget. The city’s fiscal year runs from July 1 to June 30.
The FY 2019-20 budget reflects the strategic goals of the City Council, which seeks efficiencies and opportunities in service delivery and to increase the city’s commercial base. These initiatives include providing additional resources to the Economic Development effort, enhancing transportation efforts via multimodal innovation and maintaining the city’s award-winning and safe neighborhoods.
The 2019 real estate tax rate increased from the current real estate tax rate of $1.06 to $1.075 per $100 of assessed value; of this, 3.0¢ is dedicated to the Stormwater Fund (a 0.25¢ increase). The real estate tax rate increase is 1.5¢. The average annual residential real estate tax bill will increase $104 (1.95%) or about $8.67 a month. The average commercial property owner’s tax bill increases by 2.9 percent from their prior year’s tax bill; based on an increase of 0.8 percent in commercial real estate values, a 1.5¢ real estate tax rate increase and a 1.0¢ increase in the Commercial and Industrial (C&I) tax rate to 12.5¢ per $100 of assessed value.
The recommended budget is designed to advance Council directives and goals by investing in the following:
Economic Development and Redevelopment
- Provide additional resources to the Department of Community Development and Planning, Economic Development Office, Economic Development Authority and other city operations to create and implement strategies for key commercial centers, and, more specifically, to fund the development and completion of small area plans in the Northfax commercial activity center and Old Town ($700,000)
- Fund a project manager for Public Works to manage the city’s transportation construction projects, helping with strategic planning, securing funding and critical program administration ($85,000)
- Implement new e-ticketing system in Police Department to help keep neighborhoods safe ($19,500)
- Fund the City Work program in conjunction with the Lamb Center ($60,000)
- An increase of 0.25¢ for the storm-water real estate tax rate to support critical infrastructure
- Fund an enhanced tax-relief program to allow more city residents to qualify and to be on par with Fairfax County’s program ($75,000)
- Increase the unassigned fund balance to 12 percent of current revenues as part of a long-term financial stability effort ($415,000)
- Set aside $435,000 as initial funding of the Budget Stabilization Fund
- Provide a 2.6 percent COLA to employees to maintain regional compensation parity and to support the city’s recruitment and retention efforts ($744,100)
- Fund an upgrade to the Electoral Assistant Registrar position, converting part-time personnel to full-time — ensuring this department continues to set the standard for excellence in voting transparency and innovation in the Commonwealth ($45,000)
The adopted budget will be posted on the city website by July 1 at fairfaxva.gov/budget.
A limited number of printed copies of the adopted budget also will be available by July 1 in the Finance Department, located in Room 312 at City Hall, 10455 Armstrong Street.
For information on the fiscal year 2019-20 adopted budget, contact Budget Manager Kerry Kidd: email, 703-385-7876.