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Town_Budget
Town Budget
TOWN COUNCIL ADOPTS FY 2011 BUDGET
Real Estate Tax Rate Increase to $.2675 per $100 of Assessed Value, Cigarette Tax Increase to $.75 per pack; Some Proposed Service Cuts Restored
At its public hearing on Tuesday, June 8, the Herndon Town Council adopted the budget for the town's 2011 fiscal year, which begins July 1, 2010 and ends June 30, 2011.
Highlights of the $42,252,600 budget include an increase in the real estate tax from its current $.26 per $100 of assessed value to $.2675 per assessed value. Even with the increase, a majority of citizens will experience no change or a reduction in their real estate tax bills, due to declines in real estate assessments.
The FY 2011 Budget also increases the town's cigarette tax rate from its current $.50 per pack to $.75 per pack. An increase in the meals tax, which had been included in Town Manager Art Anselene's proposed budget, was not approved by the council and the meals tax will remain at its current 1.5 percent.
Some services slated for elimination or reduction in Anselene's proposed budget were restored by the council in the adopted FY 2011 Budget, including childcare at the Herndon Community Center, one week each for the spring and fall clean-up programs, and a two-day Big Truck Days program. The adopted FY 2011 Budget also reduces funds available for repaving and concrete replacement and repair programs.
Click here to view the Town of Herndon's adopted FY 2011 Budget.
Hard copies will also be available for review at the Herndon Municipal Center, 777 Lynn St., Herndon.
INFORMATION:
information@herndon-va.gov
(703)435-6817
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