explain it Wrote:
-------------------------------------------------------
> "How about removing the tax rate reduction from
> the early 2000's"
>
>
> Please enlighten me on this because my taxes have
> more than doubled since that time. You mean part
> of that doubling was not a removal of some
> "reduction"? What??
Property tax bills equal the assessed value of the property multiplied by the property tax rate. In Fairfax County, assessed values went up a lot since 2000, so property tax bills also increased rapidly until about 2007.
This document compares current local property tax burdens for FY 2015 in Fairfax County, Alexandria City, Arlington County, Fairfax City, Falls Church City, Loudoun County and Prince William County, and includes data on mean assessed values and tax rates:
http://www.boarddocs.com/vsba/fairfax/Board.nsf/files/9PPRTK68BA46/$file/comp_taxrates_ci_percent.pdf