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Friday, May 15, 2015

Worcester County eyeing 8-cent tax hike to close ‘16 budget gap

Although nothing has been finalized, some clues began to emerge Tuesday as to how the Worcester County Commissioners intend to close the $22 million gap between revenues and expenditures.

As the commissioners began to evaluate the proposed FY16 budget line by line during their first work session devoted exclusively to that the issue, a clearer picture of their intent began to form.

Chiefly, it appears the county is working with a proposed 8-cent increase in the property tax rate, which will take it from the current rate of 77 cents per $100 of assessed value to 85 cents per $100. On a home assessed at $200,000 the tax hike will mean an extra $160 in taxes, bringing the total to $1,700 from $1,540.

Even with the increase, Worcester is still well behind Somerset and Wicomico’s 2015 respective rates of 91.5 cents and 95.2 cents per $100. The increase will edge Worcester ahead of Queen Anne’s county rates for 2015 of 84.7 cents, which translates to $6 on a $200,000 home.

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5 comments:

Anonymous said...

Somerset is raising theirs by 13 cents to $1.03. It's not to late to attend the public hearings if you want to complain. Unfortunately most people will just keep on paying the taxes and complaining but not really trying to do anything about it. I would suggest going to the hearings and letting your thoughts be known, if enough people complained it could make a difference.

Anonymous said...

Guess what, having services and roads costs money.

Anonymous said...

Anonymous Anonymous said...
Guess what, having services and roads costs money.

May 15, 2015 at 10:52 AM

Guess what, I bet you are a Democrat.

Guess what, I bet you voted for Obama!! Dumba$$!

Anonymous said...

Screw the services, most are for illegal aliens anyway.

Anonymous said...

I would pay that in that county ,Slumsbury hell no.