Legislation Details

Reference No. CR-053-2017    Draft No. 1
Type: Resolution Status: Adopted
Meeting Body County Council
Meeting Date 6/20/2017
Introduced Date 6/20/2017 Public Hearing Date
Effective date: 7/1/2017    
Title: A RESOLUTION CONCERNING THE TAX RATES FOR FISCAL YEAR 2018 for the purpose of imposing and levying the tax rates and causing to be raised the amount of taxes required by the adopted budget so as to balance the budget as to proposed income and expenditures for the fiscal year beginning July 1, 2017; and to set forth the State tax levy and the Stormwater Management District tax levy.
Proposers/Sponsors: Derrick Leon Davis
Attachments: 1. R2017053, 2. CR-53-2017 AIS, 3. FY 2018 Property Tax Rate Memo
Contact: Karen T. Zavakos, Zoning and Legislative Counsel

Title

A RESOLUTION CONCERNING THE TAX RATES FOR FISCAL YEAR 2018 for the purpose of imposing and levying the tax rates and causing to be raised the amount of taxes required by the adopted budget so as to balance the budget as to proposed income and expenditures for the fiscal year beginning July 1, 2017; and to set forth the State tax levy and the Stormwater Management District tax levy.

 

Background

Section 811 of the County Charter requires that when the County budget shall have been finally adopted in the Annual Budget and Appropriations Ordinance, the Council shall thereupon by separate resolution levy and cause to raise the amount of taxes required by the budget in the manner provided by law so that the budget shall be balanced as to proposed income and expenditures.  In addition, Section 6-302 of the Tax-Property Article, Annotated Code of Maryland, requires that on or before the following July 1 of each year, the County shall annually set the tax rate for the next taxable year on all assessments of property subject to that county's property tax.  Accordingly, this Resolution will set the annual County tax rates for Fiscal year 2018.