00091901 —

Apr 16-2:20
Listing Began:

Description

Seller's Comments and Description:

NOTICE OF PROPOSED REAL PROPERTY TAX INCREASE

The Town of Vienna, Virginia proposes to increase property tax levies

1. Assessment Increase: Total assessed value of real property, excluding additional

assessments due to new construction or improvements to property, has increased

from last year’s total assessed value of real property by 5.6 percent.

2. Lowered Rate Necessary to Offset Increased Assessment: The tax rate which

would levy the same amount of real estate tax as last year, when multiplied

by the new total assessed value of real estate with the exclusions mentioned

above, would be $0.1825 per $100 of assessed value. This rate will be known as the

“lowered tax rate.”

3. Effective Rate Increase: The Town of Vienna, Virginia proposes to adopt a tax rate

of $0.1950 per $100 of assessed value. The difference between the lowered tax

rate and the proposed tax rate would be $0.0125 per $100, or an increase of 6.8

percent. This difference will be known as the “effective tax rate increase.”

Individual property taxes may, however, change at a percentage greater than or less

than the above percentage.

4. Proposed Total Budget Increase: Based on the proposed real property tax rate

and changes in other revenues, the total budget of the Town of Vienna, Virginia will

increase from last year’s by 3.2 percent.

A public hearing on the increase will be held on Monday April 28, 2025 at 7:30 p.m. at Town Hall, 127 Center Street, S., Vienna Virginia, 22180. This hearing will be open to the public and the Town Council will permit all persons desiring to be heard an opportunity to present oral testimony.

BY ORDER OF THE TOWN COUNCIL

Melanie J. Clark

Town Clerk

Published: March 28, 2025

Posted at Town Hall: March 28, 2025

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