Real Estate Tax Expected To Remain Same In McLean

MCLEAN, VA—Despite expected increases in spending and a McLean Community Center renovation in the works, taxpayers may not have to shell out more.

The MCC fiscal year 2019 preliminary budget proposes maintaining the tax rate at 2.3 cents per $100 of assessed value. Residents could still pay more if the assessed value of their property goes up. The tax is in addition to what residents pay Fairfax County.

The budget allocates money for MCC operations, events, staff and capital expenses. Increases could go toward events, performing arts, youth programs, personnel and building operating expenses.

Around 80 percent of the budget comes from the real estate tax. Residents have not seen neither McLean district's nor Fairfax County's $1.13 per $100 tax rate rise for the current fiscal year.

Tax hikes are not out of the picture in the future, however. MCC says that is contingent on fluctuations in assessed value beginning in fiscal year 2019. The next fiscal year begins on July 1, 2018, and tax assessments will be announced in Feb. 2018.

Taxpayers can attend a public hearing about the budget Wednesday, Sept. 27 at 7:30 p.m. at MCC's Administrative Offices. The board will adopt a budget Wednesday, Oct. 25, at 7:30 p.m. which will head to the Fairfax County Board of Supervisors for approval in spring 2018.

See more details about the budget here.

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