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Arlington County projects $10M budget gap in upcoming year

October 25, 2017

ARLINGTON, Va. (AP) — Budget officials in Arlington County expect a funding gap of $10 million to $13 million for the upcoming fiscal year.

At a presentation Tuesday at the County Board meeting, County Manager mark Schwartz said projections show 3 percent growth in revenues for fiscal year 2019, but expenses are projected to increase by 4 percent.

The projected gap does not account for the Arlington Public Schools revenue and budget.

The gap represents between 1 and 2 percent of the county budget, again excluding schools.

Arlington County residents currently pay the lowest property tax rate in northern Virginia, at a rate of $1.006 per $100 in assessed value.

The county is in the midst of a series of budget roundtable discussions to gather suggestions from citizens.

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