Shields Proposes F.C. Budget With 4.5 Cent Tax Increase

The recommended budget presented by Falls Church City Manager Wyatt Shields to the City Council Monday night calls for an increase in the real estate tax rate from $1.305 to $1.35 per $100 of assessed valuation. Shields introductory statement noted that without the transfer sought by the School Board, the tax rate would drop by a penny. But it acknowledges an increase in assessed home values by almost nine percent and the introduction of a new annual stormwater fee that varies widely depending on impervious surfaces.