Local Real Estate News
Incomes aren’t keeping up with rising rents in Washington, D.C. (via Curbed DC)
- Goodbye, old-school amenities (via NYTimes Real Estate)
- Who pays for air condition repairs in rentals? (via NYTimes Real Estate)
Upcoming Local Events
Tuesdays turn into “Zoosday” this summer with Reston Town Center. Every 4-7 p.m. Tuesday, July 5-Sept. 27, children and their families can enjoy visiting with a miniature animal petting zoo, along with fun giveaways, play with play-doh, LEGOS and more. Free, rain or shine.
- July 5, 12, 19 and 26
- Aug. 2, 9, 16, 23 and 30
- Sept. 6, 13, 20 and 27
Thanks to dullesmoms for the information!
Fairfax County schools are turning around, officials say. The county recently approved the school board’s $2.7 billion budget for the 2017 fiscal year, which included some good news for students, parents and teachers.
In the budget, $40 million is set aside to pump up teachers’ paychecks in an effort to make teachers’ salaries more competitive with surrounding areas and another $10 million will go towards reducing elementary school class sizes.
The school board adopted the new budget at its regular May 26 meeting. The changes will take effect July 1.
Residents can thank an extra one cent real estate tax and other taxes for the school board’s increased funds. The school board received $22.3 million in state aid and sales tax. The board also recovered $6.7 million due to enrollment reductions compared to last year.
According to Superintendent Dr. Karen Garza, this budget doesn’t have any new cuts and she is “hopeful that this budget represents a turning point for our schools,” she said in a statement.
Also included in the budget is $2.2 million to replace old buses, $13.8 million to cover health insurance hikes and $14.7 million for retirement pay increases. The board also altered substitute teacher pay to help create a balanced budget.
“This budget is the first one in nine years that does not include difficult cuts to the FCPS operating budget,” said school board chair Pat Hynes. “It enables us to begin the process of rebuilding the school division.”
The Fairfax County School District is the 10th largest in the nation.
—McEnearney Associates, “Teacher raises and smaller classes on the way in Fairfax County”
Did I miss an event happening today? Know about something coming up? Have a real estate question? Let me know in the comments below.