The mission of the Department of Management & Finance is to ensure prudent use of County resources.
On April 24, 2010 the County Board adopted the FY 2011 Budget. Acting to preserve core services, ensure fiscal sustainability and retain a highly skilled workforce, the Arlington County Board approved a $955.9 million General Fund budget for the fiscal year beginning July 1, 2010 with an 8.3-cent increase in the real estate tax rate.
Please visit the County's FY 2011 Budget Page for more information.
On April 28, 2009, the County Board adopted the FY 2010 Budget. The adopted budget is $946.8 million, which is up 0.6% from the FY 2009 Revised Budget of $941.4 million. Total County spending is up 0.5%, excluding schools. The schools transfer of $352.4 million is up $2.3 million, an increase of 0.65%.
All budget documents, press releases, and other information can be found on the County's FY 2010 Budget Page.
On Thursday, December 10th, Arlington County issued $66 million of their Series 2009 D Refunding Bonds. With interest rates declining to historically low levels, the County was able to leverage their AAA rating to refinance existing debt at the lowest rate on record with the County, 2.39%. In FY 2010, the refinancing will save $1.2 million in annual debt service costs, while $2.2 million will be saved over the life of the bonds. A portion of the bonds that had previously been issued in each of years 2001-2008 were included in this refunding.
For more information on Arlington County Bonds, click here.
Current Bid Opportunities, Bidder Registration, Bidder LogIn, Current Contracts, FAQ, How To Do Business with the County, Living Wage Policy, Minority Participation Policy (29K PDF format), Solicitation Process
2006 Bond Questions, Series 2006 General Obligation Public Improvement & Refunding Bonds, Series 2003 General Obligation Public Improvement & Refunding Bonds (2.7MB PDF format)
CONTACT US
Department of Management
and Finance
2100 Clarendon Blvd.
Suite 500
Arlington, VA 22201
703-228-3415
Mark Schwartz, Director
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