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Wednesday, June 08, 2016

WORCESTER COUNTY RETAINS CURRENT TAX RATES


June 7, the Worcester County Commissioners approved the fiscal year 2016/2017 (FY17) Operating Budget of $188,872,655 in appropriations for the coming fiscal year. This reflects an increase of $6,422,546 or 3.5% more than the FY16 budget while reducing the requested expenditures of $193.9 million by $5 million.

The approved FY17 budget maintains tax rates at their current levels of 83.5¢ per $100 of assessed value for real property taxes and 1.75% for the County’s local income tax rate. Due to increasing assessments, Real Property Tax Revenue is projected to increase by $2,625,098 in FY17.

The Commissioners would like to thank County departments and agencies for maintaining and or reducing operating expenses wherever possible. This fiscally conservative budget maintains funding for valuable public services residents can count on, such as public safety, education, infrastructure and existing social service programs.

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3 comments:

Anonymous said...

so how long will it take the teacher's union to start bitc-ing about how much of their pay a benefits were cut. Oh that's right, those union "officers" have to justify their salary some kind of way so let's put on a verbal show for the rank and file and trick them into thinking we are actually contributing to something.

Anonymous said...

It doesn't appear that the teacher's benefits or salary were cut, so I'm not sure what you are talking about.

Anonymous said...

just like wicomico, eh?