Fairfax County is currently in the process of examining what the Reston area needs as it moves forward as a transit-oriented community. At a meeting in February, county officials said Reston is going to need more than $2.6 billion in transportation improvements to keep up with development and population growth in the next 40 years.
High on the priority list are an urban-style street grid around transit stations and additional spots to cross the Dulles Toll Road, according to the advisory group.
At that meeting, the possibility of a special tax district was first discussed. Tysons has a special tax district in place since 2013. Businesses and residents of Tysons are taxed in order to help raise about $810 million of the estimated $3.1 billion necessary for longterm changes.
The Tysons Special Tax for FY2016 is $0.05 per $100 of assessed real estate value.
A special tax district can be put in place by the Board of Supervisors and does not require landowner approval. Reston Association is polling members purely for feedback; it does not have authority to institute a tax or special assessment for transportation.
In Reston, homeowners already are members of the county’s Small Tax District 5, which funds the Reston Community Center. That’s in addition to Reston Association assessments, Fairfax County and Virginia taxes for all RA members, as well as cluster dues or condo fees for many.
Fairfax County’s Reston Network Analysis & Funding Plan Advisory Group asked RA CEO Cate Fulkerson what she thought of a special tax district. She told RA members at Tuesday’s annual meeting she wanted to get community opinion before she answered the question.
RA is hoping to get member thoughts so Fulkerson can report back to the advisory group in late April.
“I would like to go back and give them a sense of reaction,” said Fulkerson.
At Tuesday’s RA annual meeting, informal paper queries were distributed asking these questions:
Would you be willing to pay an additional tax based on the value of your property that would only be used to fund transportation improvements in Reston? (Yes; No)
If yes, what rate would be acceptable to you? (Rates below are per $100 of appraised property value) ($0.020; 0.025; 0.030; 0.035)
As an example, an owner with a value of $600,000 paying $0.020 per $100 of the home value would pay $120 annually for transportation improvements.
Fulkerson said the question will also be sent electronically to RA members.
See the advisory group’s breakdown of what Reston needs in the December 2015 presentation attached to this previous Reston Now article.
Photo: Informal questionnaire at RA annual meeting.
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