Title:
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A Resolution Concerning the Tax Rates for FY 2006-2007 for the purpose of imposing and levying the Tax Rates for the Fiscal Year beginning July 1, 2006.
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Title
A Resolution Concerning the Tax Rates for FY 2006-2007 for the purpose of imposing and levying the Tax Rates for the Fiscal Year beginning July 1, 2006.
Background
Section 811 of the Charter and Section 10-106 of the County Code requires that following adoption of the Current Expense Budget, the Council by resolution shall set the County tax levy. Shown below are the real and personal property tax rates for the County, the State and Stormwater for FY2006 and FY2007. The State of Maryland real property tax rate is eleven and two tenths of one cent (11.20 cents) per $100 of assessed value. Similarly, the State tax rate for public utilities is twenty-eight (28 cents) per $100 assessed value.
SEE ATTACHED INCLUSION FILE FOR DETAILS