Prince George's County Council - Reference No. CR-043-2024

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Details

Reference No.

CR-043-2024 Draft No. 1

Type:

Resolution

Status:

Adopted

Meeting Body

County Council

Meeting Date

5/23/2024

Introduced Date

5/23/2024

Public Hearing Date

Effective date:

7/1/2024

Title:

A RESOLUTION CONCERNING THE APPROVAL OF THE FISCAL YEAR 2025 WASHINGTON SUBURBAN TRANSIT COMMISSION BUDGET AND TAX RATES for the purpose of approving the Washington Suburban Transit Commission's administration of the County's Fiscal Year 2025 Mass Transit Plan; approving the levy of property tax rates necessary to support the expenses and obligations of the Commission including County mass transit operations; and approving the Commission’s administrative budget.

Proposers/Sponsors:

Jolene Ivey, Ingrid S. Watson, Eric C. Olson, Sydney J. Harrison, Wanika Fisher, Thomas E. Dernoga, Calvin S. Hawkins, Mel Franklin

Attachments:

1. CR-043-2024 - signed, 2. R2024043, 3. CR-043-2024 Summary

Related files:

CB-027-2025

Contact:

J. Kenneth Battle, TIEE Committee Director Kathleen H. Canning, Legislative Attorney

Date	Ver.	Action By	Action	Result	Action Details	Meeting Details	Video
5/23/2024	1	County Council	introduced		Action details	Meeting details	Video
5/23/2024	1	County Council	adopted	Pass	Action details	Meeting details	Video

Title

A RESOLUTION CONCERNING THE APPROVAL OF THE FISCAL YEAR 2025 WASHINGTON SUBURBAN TRANSIT COMMISSION BUDGET AND TAX RATES for the purpose of approving the Washington Suburban Transit Commission's administration of the County's Fiscal Year 2025 Mass Transit Plan; approving the levy of property tax rates necessary to support the expenses and obligations of the Commission including County mass transit operations; and approving the Commission’s administrative budget.

Background

This resolution provides for certifying the dedicated property tax rates for transit activities by the Washington Suburban Transit Commission (“WSTC”), approving the levy of property tax rates necessary to support the expenses and obligations of the Commission, approving the budget for the County's Mass Transit Plan, and formally approving the WSTC's administrative budget, as approved in the Prince George's - Montgomery Bi-County Council meeting of May 9, 2024.

The tax levy of two and six-tenths cents ($0.026) per $100 of assessed valuation of real property and six- and one-half cents ($0.065) per $100 of assessed valuation of personal property and operating real property is the County’s share of the total WSTC budget of $423,441,517. The County’s share of the Approved FY 25 WSTC Administrative Budget is $148,661.

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