Reference No.
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CB-044-2024
Draft No.
1
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Type:
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Council Bill
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Status:
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Enacted
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Introduced Date
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5/23/2024
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Public Hearing Date
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Title:
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AN ACT CONCERNING MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION for the purpose of approving the Prince George's County portion of the Maryland-National Capital Park and Planning Commission budget and making appropriations and levying certain taxes for Fiscal Year 2025 for the Maryland-National Capital Park and Planning Commission, pursuant to the provisions of the Land Use Article of the Annotated Code of Maryland, as amended ("Land Use Article").
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Contact:
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Eric Irving, Fiscal & Legislative Specialist Turkessa Green, County Auditor, Audits & Investigations
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Title
AN ACT CONCERNING MARYLAND-NATIONAL CAPITAL PARK AND PLANNING COMMISSION for the purpose of approving the Prince George's County portion of the Maryland-National Capital Park and Planning Commission budget and making appropriations and levying certain taxes for Fiscal Year 2025 for the Maryland-National Capital Park and Planning Commission, pursuant to the provisions of the Land Use Article of the Annotated Code of Maryland, as amended ("Land Use Article").
Background
This bill adopts the M-NCPPC’s operating and capital budgets for Prince George’s County for Fiscal Year 2025 and
establishes the tax rates as shown below.
The total tax rate is proposed at 29.40 cents per $100 of assessed value of real property and 73.50 cents per $100 of assessed value of personal property.
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Real Property Tax Rates |
FY 2024 |
FY 2025 |
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Administration |
5.66 cents |
5.66 cents |
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Advance Land Acquisition |
-0- cents |
-0- cents |
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Mandatory Metropolitan District |
4.00 cents |
4.00 cents |
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Discretionary Metropolitan District |
11.94 cents |
11.94 cents |
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Recreation |
7.80 cents |
7.80 cents |
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TOTAL |
29.40 cents |
29.40 cents |
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Personal Property Tax Rates |
FY 2024 |
FY 2025 |
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Administration |
14.15 cents |
14.15 cents |
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Advance Land Acquisition |
-0- cents |
-0- cents |
Mandatory Metropolitan District |
10.00 cents |
10.00 cents |
Discretionary Metropolitan District |
29.85 cents |
29.85 cents |
Recreation |
19.50 cents |
19.50 cents |
TOTAL |
73.50 cents |
73.50 cents |
M-NCPPC (Pr. George's Co) FY25 Operating Budget |
Administration Fund |
$107,133,795 |
Recreation Fund |
147,866,303 |
Park Fund Advance Land Acquisition Fund - Debt Svc |
232,516,189 0 |
Subtotal - Tax Supported Funds |
$487,516,287 |
Park Debt Service Fund |
$17,384,703 |
Special Revenue Funds |
8,195,459 |
Enterprise Fund |
17,012,675 |
Internal Service Funds |
47,996,247 |
ALA Revolving Fund |
312,177 |
Subtotal - Other Funds |
$90,901,261 |
Grand Total/Operating |
$578,417,548 |
M-NCPPC (Pr. George's Co) FY25 Capital Budget |
Capital Projects Fund (Excludes Transfer to Park Fund) |
$142,425,000 |
Grand Total/Capital |
$142,425,000 |
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