Reference No. CB-032-2004    Draft No. 1
Type: Council Bill Status: Enacted
Meeting Body County Council
Meeting Date 5/27/2004
Introduced Date 5/27/2004 Public Hearing Date
Effective date: 7/1/2004    
Title: An Act 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 FY 2005 for the M-NCPPC
Proposers/Sponsors: Peter A. Shapiro, David C. Harrington, Samuel H. Dean, Camille A. Exum, Douglas J.J. Peters, Thomas E. Dernoga, Tony Knotts
Code sections: None - None
Attachments: 1. ACTION SUMMARY S2004032, 2. B2004032.pdf
Contact: Jackie Brown Director, PZED Committee
Title An Act 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 FY 2005 for the M-NCPPC Background This bill adopts the M-NCPPC's operating and capital budgets for Prince George's County for Fiscal Year 2005, and establishes the tax rates as shown below. The total tax rate is proposed at 27.90 cents per $100 of assessed value of real property and 69.75 cents per $100 of assessed value of personal property. Real Property Tax Rates FY 2005 FY 2004 Administration 4.66 cents 4.66 cents Advance Land Acquisition 0.13 cents 0.13 cents Mandatory Metropolitan Dist 4.00 cents 4.00 cents Discretionary Metro Dist 13.19 cents 13.70 cents Recreation 5.92 cents 5.41 cents TOTAL 27.90 cents 27.90 cents Personal Property Tax Rates FY 2005 FY 2004 Administration 11.65 cents 11.65 cents Advance Land Acquisition 0.32 cents 0.32 cents Mandatory Metropolitan Dist 10.00 cents 10.00 cents Discretionary Metro Dist 32.98 cents 34.25 cents Recreation 14.80 cents 13.53 cents TOTAL 69.75 cents 69.75 cents M-NCPPC Fiscal Year 2005 Operating Budget Administration Fund $ 26,100,100 Recreation Fund 38,006,200 Park Fund 97,283,800 Subtotal $161,390,100 Advance Land Acquisition- Debt Service $ 428,100 Transfer to Revolving Fund 247,200 Subtotal $ 675,300 GRAND TOTAL $162,065,400



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