Public Hearing on Willard Sherwood Sept 30th – Op-Ed by Katy Johnson (Fairfax City Resident)
Public Hearing on Willard Sherwood Sept 30th.
City of Fairfax needs to live within its means. The Willard Sherwood will cause 20 years of big debt!
This single project will add at least $8.1M to our operating budget over the next two decades. Each penny on the tax rate generates about $835,000 – this is a 9.7-cent increase for the Willard Sherwood. Our portion for the base building alone is right around $52M, plus an additional $3M for underground parking for a grand total of: $54,930,000. There is also an additional $4M Performing Arts Option.
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