Anonymous wrote:MoCo has always given developers everything they want. Will never change. Lots of people voted for Elrich over Blair in the hopes that the pro-development tendencies would be kept somewhat in check, but I'm not sure that it's made any difference.
Anonymous wrote:Andrew Friedson is sponsoring a bill that would use state school construction money to reduce tax rates for housing developers. In the bill, the impact tax owed by developers would be reduced by the amount of state aid that went toward school construction in previous years, meaning that the county would be using state aid to reduce taxes paid by developers instead of using it to build schools.
This tax cut would come on the heels of tax cuts in 2020 and 2023, which Friedson also strongly supported. The previous tax cuts contributed to falling impact tax revenue and shortfalls in the MCPS construction budget that forced cuts to the Woodward project and delays in renovations at Damascus and Magruder.
The latest proposal has strong support from land use attorneys who have been among Friedson’s biggest donors. Previous tax cut proposals favoring developers have passed the council unanimously or nearly unanimously even though Planning has failed to demonstrate that they were effective in causing housing prices to fall or construction to increase.
So much for prioritizing education.
You can read the bill here (Sec. 52-55(d)(3)):
https://montgomerycountymd.granicus.com/MetaViewer.php?view_id=169&event_id=16241&meta_id=183002
Anonymous wrote:Anonymous wrote:Anonymous wrote:You must have linked to the wrong bill, because the bill you linked to doesn't say what you say it says.
It literally says the costs used to calculate taxes must be reduced by the amount of state aid. MCPS loses money. Developers gain money. It’s pretty simple. Typical YIMBY move to go with misinformation right away.
It literally says, "The tax rates must reflect the
County’s cost to construct a student seat, reducing the rates by a
factor equivalent to the portion of funding for capacity-adding
projects in the adopted school CIP attributed to State Aid."
Which is not what you said it says, and it's also not Montgomery County giving school money to developers.
Anonymous wrote:Yes that is exactly what they are doing trying to defund schools to boost developer profits. This is absurd.
Anonymous wrote:Anonymous wrote:You must have linked to the wrong bill, because the bill you linked to doesn't say what you say it says.
It literally says the costs used to calculate taxes must be reduced by the amount of state aid. MCPS loses money. Developers gain money. It’s pretty simple. Typical YIMBY move to go with misinformation right away.
Anonymous wrote:Seriously? Why would a district 1 council member do this given the school overcrowding and other ails of MCPS. he represents me, and I will make sure i do not vote for him ever.
Anonymous wrote:You must have linked to the wrong bill, because the bill you linked to doesn't say what you say it says.
Anonymous wrote:Yes that is exactly what they are doing trying to defund schools to boost developer profits. This is absurd.