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Metropolitan DC Local Politics
Reply to "Montgomery Co. budget calls for 8.7 pct. tax hike"
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[quote=Anonymous][quote=Anonymous]This is a serious hike that will adversely impact people on fixed incomes (seniors, disabled) and those who live paycheck to paycheck. Landlords will pass these costs onto their renters. So, while a $400 increase (modest estimate for a $450k house) doesn't seem like a lot to some people, it most certainly will be a burden to renters to have their rent increase by that much (or more). And BTW, the money won't go towards the schools. The county is scrambling for new revenue to pay for the recent lawsuit/Supreme Court ruling. [/quote] That is a rate increase applied to what assessment? http://www.montgomerycountymd.gov/OMB/Resources/Files/omb/pdfs/fy17/psprec/MCG_FY17_REC_BUDGET.pdf p 18-47m more for affordable housing. Seniors or others? p 20-"Funds to support a new Citizenship and Immigrant Integration Services Program" p 21-"County grows larger and more diverse, it becomes more challenging to meet the needs of that growing population...." p 22-"property tax for each owner-occupied residence will include a credit of $692 to limit the burden on homeowners and maintain a progressive property tax structure in the County" AND the ridulous Maryland renters tax credit made it's way to MOCO https://www.montgomerycountymd.gov/COUNCIL/Resources/Files/bill/2015/Packets/20150609_10.pdf[/quote]
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