Park Hall
Park Hall, MD · Municipal
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Alexandria gets three new Opportunity Zones to incentivize revitalization
Three additional Opportunity Zones have been added in Alexandria’s West End to support revitalization, Gov. Abigail Spanberger (D) announced Friday (Nov. 6). The U.S. Department of the Treasury approved all 153 new Opportunity Zones the Spanberger administration requested in Virginia. The zones are intended to promote long-term private investment in low-income urban, suburban and rural census tracts through federal tax benefits such as deferral of previous capital gains, step-up of previously earned capital gains and exclusion of taxable income on new capital gains in Opportunity Zones. The program was created by the 2017 Tax Cuts and Jobs Act.
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As enrollment declines, councilman asks if ACPS should pause capacity expansion projects
Amid declining student enrollment numbers, an Alexandria city councilman is wondering whether Alexandria City Public Schools should shelve a costly conversion project to handle middle school capacity. ACPS recently reported that its student population has fallen about 4% since the 2025-26 school year, descending from 15,928 to 15,295 students as...
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Alexandria leaders brace for budget cuts, potential tax increases
City Manager Jim Parajon and his staff laid out a stark budget reality at Alexandria City Council’s annual budget retreat. As he contends with an estimated $10 million to $15 million budget shortfall in the 2028 fiscal year budget, Parajon is asking all city departments to submit their budget proposals to him with 3% cuts. He’s also asking that Alexandria City Public Schools limit its operating budget transfer request to 2.25% over what was approved in the current budget, amounting to a cap of $7.1 million.