Title:
|
A Resolution concerning Public Safety Surcharge for the purpose of adjusting the Public Safety Surcharge for inflation for Fiscal Year 2013, beginning July 1, 2012, as required by State Law
|
Title
A Resolution concerning Public Safety Surcharge for the purpose of adjusting the Public Safety Surcharge for inflation for Fiscal Year 2013, beginning July 1, 2012, 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 for April 2012 shows an increase of 2.3% and results in a surcharge increase of $53 above the Fiscal Year 2012 public safety surcharge of $2,312 for permits issued inside the Developed Tier and an increase of $159 above the Fiscal Year 2012 public safety surcharge of $6,933 for permits issued for all other buildings.
For Fiscal Year 2013, the public safety surcharge shall be $2,365 for permits issued for construction located inside the Developed Tier and $7,092 for all other buildings.