FY 2024 Adopted Budget

Read the FY 2024 Adopted All-in-One Budget(PDF, 10MB)

On April 22, 2023, the Arlington County Board voted unanimously to adopt a $1.55 billion balanced Budget for Fiscal Year 2024.

The adopted budget focuses on community needs as the County continues to emerge from the pandemic, including affordable housing, while also providing foundational services, such as public safety, environmental services, transportation, and schools.

The base real estate tax rate remains unchanged at $1.013 per $100 of assessed value.

The Adopted Budget includes over $85 million dedicated to housing programs, with an emphasis on stabilizing housing for households in need and improving housing conditions. These investments include $14.4 million for the County’s Housing Grant program, $5.4 million for the Permanent Supportive Housing program, and $4.6 million for eviction prevention. The budget also includes $20.5 million for the Affordable Housing Investment Fund, with the dedication of revenue from the Columbia Pike Tax Increment Financing District that totals $5.2 million.

The FY 2024 transfer to Arlington Public Schools (APS) from the County is $608.2 million—46.8 percent of local tax revenues. This funding level is a four percent increase over FY 2023. 

The Board held public budget and tax rate hearings in March 2023 with opportunities for public comment. Since January, the County Board has received phone calls, emails, and letters regarding different areas of the budget and has considered them as part of their deliberations. The new fiscal year begins July 1, 2023.

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

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

FY 2024 Adopted Budget by Section