Constant Yield Hearing Scheduled; County Budget Cut By $15.7 Million

Apr. 15, 2010


The Garrett County commissioners will conduct a constant yield public hearing on Tuesday, April 20, at 11 a.m. in their meeting room at the courthouse in Oakland. They have also scheduled a review of the proposed real property tax rate that same day at 7 p.m. at Garrett College.

The purpose of these events is to receive public commentary on the proposed real property tax rate, $0.990 per $100 of the assessable base, in Fiscal Year 2011, which begins on July 1. The meetings are also part of the commissioners' review process for the FY '11 Operating and Capital Budget.

County administrator Monty Pagenhardt and the Department of Financial Services staff have evaluated estimated revenue and requests for funding from all departments and agencies. Late last year, they were instructed to submit flat budgets for the upcoming fiscal year.

"At the direction of the board [of commissioners], all requests for an annual appropriation for FY '11 are to be equal to that of FY '10," Pagenhardt noted. "This directive was based on the evident realization that state of Maryland funding to the county and local revenue collected would be less than prior fiscal periods."

The review of expected revenue and requests for funding completed by Pagenhardt and Financial Services shows a total budget for FY '11 of $68,173,566, compared to an amended budget for FY '10 of $83,908,587.

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