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Arlington Projects $25-35 Million Budget Gap for FY 2012

posted Sep 28, 2010, 9:10 PM by L M
  • Signs that real estate market is stabilizing
  • $25-35 million combined County/Schools gap
  • Expense pressures continue

ARLINGTON, VA --- A stabilizing real estate market has improved Arlington County’s financial outlook for Fiscal Year (FY) 2012, but the County Manager’s preliminary forecast anticipates a combined County/Schools budget gap of $25-35 million, assuming the current real estate tax rate. Read the full release.