Deep Creek Lake Real Estate Blog - Jay Ferguson

Deep Creek Lake Real Estate Blog - Jay Ferguson
EVERYTHING under the sun about Deep Creek Lake, Maryland! Deep Creek Lake Real Estate Information, Local News & Happenings in Garrett County Maryland, Current Events, Local Business Profiles, Upcoming Attractions, Vacation Rentals, Resort Realty, Community Profiles, Homes for Sale, Restaurants & Dining, Entertainment Schedules, Festivals & Gatherings, Churches & Charities, Wisp Ski & Golf Resort, Swallow Falls State Park, Youghiogheny & Casselman River, Garrett County Fair & more!

Wednesday, April 20, 2011

April 21 Public Hearing - county real property tax rate

The County Commissioners will be holding a public hearing on the county's Fiscal Year 2012 Constant Yield Tax Rate this coming Thursday at 7:00 PM in Room FA715, Fine Arts Building Auditorium at Garrett College. The hearing is open to the public and public testimony is encouraged.

The Commissioners are considering not reducing the county's real property tax rate enough to fully offset increasing property assessments. The County proposes to adopt a real property tax rate of $0.990 per $100 of assessment. This tax rate is 0.3% higher than the constant yield tax rate of $0.9874 and will generate $119,903 in additional property tax revenues.

The county's overall real property assessable tax base is estimated to increase 0.3% for the tax year beginning July 1, 2011. In dollars, that increase is estimated to be from the current base of $4,533,348,242 to a new assessable base of $4,545,459,693.

The County's proposed 2012 budget can be viewed online at

http://garrettcounty.org/Commissioners/budget12/2012Requested.pdf


If you or someone you know is considering buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.
877-563-5350 Questions about ANY listed property? I can help! Call me!
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