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Dan Drummond

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City of Fairfax Adopts Budget

Real-estate tax rate is lowered by two cents.

The Fairfax City Council adopted the City’s FY 2014-15 budget last week, lowered the existing real-estate tax rate by two cents and gave raises to the city employees. In a special meeting, last Wednesday, April 30, the Council set City residents’ new real-estate tax rate at $1.04 per $100 assessed value, effective Jan. 1, 2015.

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