chatmissionpostslibrarytopics
highlightsreach ussupportmain

Manassas City Budget Maintains Real Estate Tax Rate Amid Rising Property Values

February 26, 2025 - 01:07

Manassas City Budget Maintains Real Estate Tax Rate Amid Rising Property Values

In the latest budget proposal for Manassas City, officials have decided to maintain the current real estate tax rate, a move that could still result in higher average tax bills for residents. This increase is primarily attributed to the rising property values in the area, which have seen a significant uptick in recent years.

Despite the flat tax rate, homeowners may find themselves paying more as their properties are reassessed at higher values. This situation raises concerns about affordability for many residents who may struggle to keep up with the increasing costs associated with homeownership.

In addition to the real estate tax considerations, the budget also outlines pay increases for city staff, reflecting the administration's commitment to investing in its workforce. These pay adjustments are aimed at attracting and retaining quality employees, ensuring that city services remain effective and efficient.

As the budget moves forward, city officials will be closely monitoring the impacts of these decisions on residents and staff alike.


MORE NEWS

Rogue Agents – EXP Realty LLC Real Estate Guide for Feb. 22

February 21, 2026 - 23:16

Rogue Agents – EXP Realty LLC Real Estate Guide for Feb. 22

This Sunday, the Rogue Agents team of EXP Realty is opening the doors to five distinct properties, offering prospective buyers a prime opportunity to explore available homes in the area. The...

The highs and lows of Minnesota’s 2025 housing market

February 21, 2026 - 04:36

The highs and lows of Minnesota’s 2025 housing market

Prospective homebuyers and sellers in Minnesota are facing a market of contrasts as they look toward 2025. The latest comprehensive analysis of statewide housing data reveals a landscape defined by...

Real Estate Transactions: Feb. 20, 2026

February 20, 2026 - 03:19

Real Estate Transactions: Feb. 20, 2026

The regional real estate landscape witnessed several significant transactions in the latter part of February, highlighting activity across different price points. In Athol, a commercial transfer...

Real estate secondaries volume reached a record $20bn in 2025

February 19, 2026 - 05:42

Real estate secondaries volume reached a record $20bn in 2025

The market for real estate secondaries has reached an unprecedented milestone, with transaction volumes soaring to a record $20 billion in 2025. This surge highlights a fundamental shift in the...

read all news
chatmissionpostslibraryeditor's choice

Copyright © 2026 Homfry.com

Founded by: Elsa McLaurin

topicshighlightsreach ussupportmain
cookiesusageprivacy