Manassas real estate taxes may spike even more than previously estimated

Manassas real estate taxes may spike even more than previously estimated

Manassas residents could face a higher real estate tax rate than initially proposed, as the City Council weighs raising the rate to help fund next year’s budget. The city had initially proposed a real estate tax rate of $1.26 per $100 of assessed value, which would have raised the average homeowner’s annual tax bill by about $406, or 7.59%. The council is now considering a higher advertised rate of $1.28. Under that rate, InsideNoVa estimates a …