At its annual day-long strategic planning retreat today, the Falls Church City Council heard a report from the City’s Chief Financial Officer Richard LaCondre projecting a “best case scenario” for the coming year, and five years out, of 2 percent annual revenue growth that would require an increase for the current real estate tax rate from $1.27 per $100 assessed valuation to $1.30 next spring and to $1.37 in four years.
