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Metropolitan DC Local Politics
Reply to "MoCo question A passed but B didn't. What does that mean for us?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I found these questions very confusing. Now that we know A passed an B did not, can someone give me a simple explanation of what that means for us? [/quote] It means your property tax *rate* will be fixed unless the council unanimously votes to change it. Until now, your property tax rate would float a little bit due to some needlessly complicated rules.[/quote] Correct. It is sad the questions were so confusing. I am sure many were confused on what they did or did not vote for.[/quote] [i]Question A, proposed by the County Council, suggests removing a cap that limits how much the county’s property tax revenue can increase in a single year. The proposal would require all nine council members to vote in favor to approve an increase in the tax rate. Currently, the council is only allowed to increase its revenue by a percentage equal to the Consumer Price Index in the Washington region for a 12-month period ending on Nov. 30 of the preceding year. The cap was 1.27% for the current fiscal year. It is estimated to be 0.6% in the next fiscal year. Without a cap, the increase could be higher than the CPI.[/i] https://bethesdamagazine.com/bethesda-beat/politics/what-to-know-about-montgomery-countys-ballot-questions/ I don't think there's a simpler way to explain this. Meanwhile, Question B: [i]Question B, placed on the ballot through a petition drive by county resident Robin Ficker, calls for limiting tax increases. It would prohibit the council from increasing property tax revenue greater than a percentage equal to the CPI in the Washington region for a 12-month period ending on Nov. 30 of the preceding year. Ficker’s proposal would [have] eliminate[d] the possibility of a greater increase, even by a unanimous vote, under any circumstances.[/i][/quote]
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