Real Estate Taxpayer Receipt FY 2018
How are the amounts on the Taxpayer Receipt calculated?
The FY 2018 Budget was approved with a tax rate of $1.13 per $100 of assessed value for tax year 2017 (528,421) and generates an average residential tax bill of $5,971.16, a $377.86 increase over the FY 17 average of $5,593.30.
The images below show a comparison between the average tax bill for FY 2018 and FY 2017 in conjunction with the City services that it funds. This tool provides insight and illustration on what services the City funds with the revenue received from your real estate tax bill. Use our interactive budget calculator to see a breakdown by Focus Area Team of what your real estate tax dollars fund.
Percentages on the Real Estate Taxpayer Receipt are based on the total expenditures funded by the General Fund, less non-tax revenue such as permits, fees, and fines. The real estate tax contributes 59.9% of the revenue for the General Fund. The Real Estate Taxpayer Receipt does not reflect contributions from personal property tax (car tax) and other local taxes such as sales and business license tax (25.2% of General Fund revenue), federal and state funding (7.8% of General Fund revenue), or other non-tax revenue (7.1% of General Fund of revenue).
For a comprehensive look at the budget, view the City of Alexandria Budget. If you have specific questions related to your individual tax bill, contact the Finance Department.