FY 26 Budget Q&A #058: Can we get a breakdown of what the dedicated one penny of the property tax dedicated to housing affordability is funding? | City of Alexandria, VA

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Question: Can we get a breakdown of what the dedicated one penny of the property tax dedicated to housing affordability is funding? (Councilman McPike)

Response:

In FY 2026, one cent of total real estate tax revenue was $4,804,120. The following is the breakdown of how that funding is budgeted:

Table for one cent for housing

Printable Version

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