Title:
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A Resolution concerning Public Safety Surcharge for the purpose of adjusting the Public Safety Surcharge for inflation for Fiscal Year 2011, beginning
July 1, 2010, as required by State Law
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Title
A Resolution concerning Public Safety Surcharge for the purpose of adjusting the Public Safety Surcharge for inflation for Fiscal Year 2011, beginning
July 1, 2010, as required by State Law
Background
Pursuant to Chapter 594 of the 2005 Laws of Maryland the public safety surcharge is required to be adjusted each fiscal year for inflation pursuant to the Consumer Price Index for All Urban Consumers.
The Consumer Price Index for All Urban Consumers, during the period of April 2009 to April 2010 compared to the 12 month period ending April 2009, shows an increase of 2.2% and results in an increase of $48 above the Fiscal Year 2010 public safety surcharge of $2,192 for permits issued inside the Developed Tier and an increase of $145 above the Fiscal Year 2010 public safety surcharge of $6,573 for permits issued for all other buildings. For Fiscal Year 2011, the public safety surcharge shall be $2,240 for permits issued for construction located inside the Developed Tier and $6,718 for all other buildings, be and the same is hereby approved, effective July 1, 2010.