Falls Church City Council members adopted a $134.5 million fiscal 2027 budget Monday night, but at the meeting warned of more significant budget challenges ahead.
On a 6-1 vote, Council members reduced the current real estate tax rate from $1.185 per $100 assessed valuation to $1.18 per $100.
Homeowners will still see higher tax bills — a median increase of $557 — owing to assessments that increased an average of 6.2%. The tax-rate cut won’t offset that, but Council members said it would help slightly lessen the tax bite…