- 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.
- Projections begin in 2021.
- Dollar amounts are in millions of dollars.
Assessment Growth: Choose the average growth rate over the next decade. The default is 6.1 percent which, in this case, includes development. Changing the rate uniformly changes the growth rates for assessments for all properties equally. So picking a 5.1 percent rate would result in a one percent lower growth rate in assessments for each category in each year.%
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.%
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).%
Population Growth: Changing this value changes the population growth rate in existing properties, and excludes new development (new development brings new people irrespectively). The population growth rate for existing properties moves very slowly, and by default is only very slightly above zero. Changing this number changes the number of people proportionally in all properties. Making this number equal to -1 leads to every property generating one percent fewer residents in each year (about 10 percent fewer people in 10 years).%
Student Growth: Changing this value changes student enrollment growth rate in existing properties, and excludes new development (new development brings new students irrespectively). For more information on historical changes in student enrollment growth rates for existing properties, visit the "White Papers" section of the documentation. Changing this number changes the number of people proportionally in all properties. Lowering this value by -1 leads to every property generating one percent fewer students in each year (about 10 percent fewer people in 10 years).%