The Vienna Town Council adopted a $41.2 million budget yesterday (May 13) for fiscal year 2020, which represents a 6.5 percent increase over last year’s budget.
The new budget keeps the town’s real estate tax rate the same for the fifth consecutive year at 0.225 cents per $100 assessed value.
“While the tax rate is unchanged, most Vienna property owners will pay more in real estate taxes next year due to increases in assessed property values,” according to a press release from the town. “Real estate assessments increased 4 percent overall (4.9 percent for residential properties and 0.14 percent for commercial properties).”
The water and sewage rates will increase by about 10 percent — $64 — annually.
The Town of Vienna also expects new programming to bring in increased revenues from parks and recreation fees, more zoning fees from new developments, higher investment interest rates and more cellphone tower rentals, according to the press release.
The budget has funding for new initiatives, including an economic development manager position, several studies, a comprehensive zoning update and more tree maintenance funds.
Mayor Laurie DiRocco said in a press release that the economic development manager position “will help Vienna provide enhanced business-friendly services for existing businesses while also helping to bring to Town additional independent, locally owned businesses that will, collectively, help make Vienna a vibrant destination.”
The budget also provides the 189 employees of the town with a 3 percent merit raise.
FY 2020 begins July 1 and ends on June 30, 2020.
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