|
Loudoun Rail Purple Line Tax District
|
|
The Loudoun County Board of Supervisors' vote to participate in Phase 2 Dulles Rail includes the expressed intent to establish a Purple Line Tax District to cover the "long-term debt service and WMATA contributions associated with the project." However, it does not include additional road improvements or replacement of local gas tax revenues that will be re-directed to the project.
Specifics which still must go to public hearing and a subsequent Board vote include:
Purple District Description - The District is composed largely of commercial properties and development around new Metro stations. Existing residential properties are generally not involved. The boundaries are as follows.
o North: Ashburn Village Blvd., Shellhorn Rd., & Waxpool Rd.
o East: Route 28, Sterling Blvd., W&OD Trail, Old Ox Rd. Fairfax County line. o South: Dulles Airport Perimeter Road o West: Loudoun County Parkway, Airport Boundary, Bears School Road, Old Ox Rd., the Broad Run and Old Ryan Road. o To see a map click here. Purple Line Tax District Composed of Three Sub-districts o Station Development Districts - Parcels located within ½ mile of three of four proposed Metrorail stations - (Route 28, Route 606 and Route 772)
o Dulles Airport Terminal District
o Rail Service Districts - Parcels located in the District beyond the ½ mile radius.
Proposed Tax Rates o Station Development Districts - 20 cents per $100
o Rail Service Districts - "Variations up to a maximum of 20 cents per $100." No General Funds or C & I Taxes
o Proposal does not include use of County General Funds although General Fund will serve as back-up for debt.
o Proposed scenario does not include use of a Commercial and Industrial Tax.
Next Steps
* County staff to write ordinances for separate tax districts.
* Public hearing on the proposal to be held by November 1, 2012.
* Loudoun Supervisors to vote on tax district ordinances.
* With favorable vote Tax District becomes effective January 2013.
For more details on the Board's vote and tax district, click here.
|
|
|