FY 2023 Adopted Budget

Read the FY 2023 Adopted All-in-One Budget

On April 26, 2022, the Arlington County Board voted unanimously to adopt a $1.5 billion balanced General Fund Budget for Fiscal Year 2023.

The Adopted Budget leaves the base real estate tax rate unchanged at $1.013 per $100 of assessed value. The FY 2023 budget begins to look beyond the COVID-19 pandemic with a focus on employee compensation, the environment, housing, and public safety, among other priorities.

The County Board also added $8.4 million of one-time funding for Arlington Public Schools. The total FY 2023 transfer to the Arlington Public Schools from the County is $584.4 million ($563.9 million in ongoing, a $36.8 million increase or 7 percent compared to FY 2022 and $20.5 million in one-time funding).

The budget also includes vehicle tax relief by adjusting the assessment tax ratio to 88 percent of a car’s value and the elimination of the regressive $33 Motor Vehicle Fee for Arlington residents. These changes are in response to a surge in vehicle valuations, directly related to supply chain issues and rising market prices impacted by the COVID-19 pandemic.

The Board held the budget and tax rate hearings in person and virtually, with dozens of residents participating. Hundreds of comments on the budget were made part of the public record and considered by the Board during its deliberations. The new fiscal year begins on July 1, 2022.

For a quick summary of the adopted budget please refer to the Adopted Budget Press Release.

Comments about the Adopted Budget? Submit your feedback to the County Board.