Reston Spring

Reston Spring
Reston Spring

Friday, May 7, 2010

Fairfax officials roll out tax options to pay for Tysons, Washington Examiner, May 7, 2010

Brian Hughes
Examiner Staff Writer

Fairfax County officials Thursday announced a mix of public and private funding options -- many of which involve raising taxes -- to pay for the road network for a redesigned Tysons Corner.

Planners had called it perhaps the most daunting in a series of hurdles that must be cleared before supervisors can sign off on plans next month.

Options include using an extra penny from property taxes, establishing a 4 percent meals tax or designating special tax districts. Officials say they also could turn to general obligation bonds, a commercial transportation tax or tax-increment financing to drum up cash. . . .


Read more at the Washington Examiner: http://www.washingtonexaminer.com/local/Fairfax-officials-roll-out-tax-options-to-pay-for-Tysons-93028664.html#ixzz0nGUhRSAE

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