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

Post date: Sep 29, 2010 4:10:05 AM

• 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.