Instructions
  • From the dropdown menu, pick the budget you want to display on the table. You can pick total budget, or you can get a breakdown by revenues or spending.
  • Move the sliders to adjust the options.
  • Hover over the slider description for more information about that option.
  • Note that the default values are Arlington Analytics default projections.
  • Balance is the budget balance. A positive number means extra money is left over, while a negative number is a deficit.
  
Notes
  • Projections begin in 2021.
  • Dollar amounts are in millions of dollars.

Arlington Budget Projections:



Fiscal Indicators:

Tax Rate: This is the base tax rate, applied equally in all years. This does not include the special rates that are used to fund the Transportation Fund or the Stormwater Funds (for example).
%

Avg. Vacancy Rate: Choose the average vacancy over the next decade. The default is 15 percent (it is typically higher in earlier years and lower in later years). A 20 percent vacancy rate is considered very high and a 10 percent vacancy rate is considered very low. The vacancy rate applies only to office buildings, not regular commercial property.
%

Public Safety Budget Inc.: This is the rate of increase in the budget for the public safety departments (emergency communications, fire, and police).
%

PAYGO Budget Inc.: This is the rate of the increase in the pay-as-you-go contribution to capital funding. See the "White Paper" on spending for more information. The rates of increase are not uniform in all years, and the increases tend to be front-loaded. A change of one percent lowers the growth rate in all periods by one percent.
%

Assessment Growth by Property:

Hotel: The average annual increase in existing hotel assessments over the next 10 years. This does not include growth from new development.
%

Condo: The average annual increase in existing condominium assessments over the next 10 years. This does not include growth from new development.
%

Other: The average annual increase in existing assessments for the "other" category of properties over the next 10 years. This does not include growth from new development.
%

Townhouse: The average annual increase in existing townhouse assessments over the next 10 years. This does not include growth from new development.
%

Duplex: The average annual increase in existing duplex assessments over the next 10 years. This does not include growth from new development.
%

Apartments: The average annual increase in existing apartment assessments over the next 10 years. This does not include growth from new development.
%

Affordable Apt: The average annual increase in existing committed affordable apartment assessments over the next 10 years. This does not include growth from new development.
%

Commercial: The average annual increase in existing commercial property assessments over the next 10 years. This does not include growth from new development.
%

Office: The average annual increase in existing office property assessments over the next 10 years. This does not include growth from new development.
%

Detached SFH: The average annual increase in existing detatched, single-family home assessments over the next 10 years. This does not include growth from new development.
%

Student Generation Factor Growth Rates:

Detached SFH: The average annual increase in student enrollment coming from existing detached single-family homes over the next 10 years. This does not include growth from new development.
%

Townhouse: The average annual increase in student enrollment coming from existing townhouses over the next 10 years. This does not include growth from new development.
%

Apartments: The average annual increase in student enrollment coming from existing market rate apartments over the next 10 years. This does not include growth from new development.
%

Condos: The average annual increase in student enrollment coming from existing condominiums over the next 10 years. This does not include growth from new development.
%

Affordable Apt: The average annual increase in student enrollment coming from existing committed affordable units over the next 10 years. This does not include growth from new development.
%

Duplex: The average annual increase in student enrollment coming from existing duplexes over the next 10 years. This does not include growth from new development.
%

Population Generation Factor Growth Rates:

Detached SFH: The average annual increase in residents coming from existing detached single-family homes over the next 10 years. This does not include growth from new development.
%

Townhouse: The average annual increase in residents coming from existing townhouses over the next 10 years. This does not include growth from new development.
%

Apartments: The average annual increase in residents coming from existing market rate apartments over the next 10 years. This does not include growth from new development.
%

Condos: The average annual increase in residents coming from existing condominiums over the next 10 years. This does not include growth from new development.
%

Affordable Apt: The average annual increase in residents coming from existing committed affordable units over the next 10 years. This does not include growth from new development.
%

Duplex: The average annual increase in residents coming from existing duplexes over the next 10 years. This does not include growth from new development.
%


Uncheck to Turn Off Development:



Units / Space Not Yet Approved (Yearly, Starting in Year Six): The number of addition units / space starting in year six through the end of the simulation. Putting in 500 Garden Apts. (Market) would build 500 new garden apartments rented at market rates in every year beginning in the sixth year. Use this tool to evaluate the effects of development that is not yet approved.
  • Market indicates that the rental prices are allowed to vary with market conditions.
  • CAF: Committed affordable units.
  • Pike: Apartment located in planning unit immediately adjacent to Columbia Pike.
  • Commercial and office space is designated in 1000s of square feet. So putting in 1000 is one million sq ft of space.



Garden Apt. (Market): 

Mid-rise Apt. (Market): 

Elevator Apt. (Market): 

Garden Condo: 

Mid-rise Condo: 

Elevator Condo: 

Garden Apt. (CAF): 

Mid-rise Apt. (CAF): 

Elevator Apt. (CAF): 

Garden Apt. (Pike): 

Mid-rise Apt. (Pike): 

Elevator Apt. (Pike): 

Commercial (1000 sqft): 

Office (1000 sqft): 

Hotels (units):