Worcester County to Hold the Line on Taxes - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Worcester County to Hold the Line on Taxes

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(Photo: WBOC) (Photo: WBOC)

SNOW HILL, Md.- Worcester County will retain its current tax rate of $.77 for the coming fiscal year.

The Worcester County Commissioners on Tuesday approved the FY 2013/2014 operating budget of $168,643,654 in appropriations for the coming fiscal year.  This reflects an increase of $2,739,398 or 1.7 percent more than the FY13 budget due to an increase in anticipated revenues.

The commissioners did not increase the tax rate and will maintain the existing real property tax rate of 77¢ per $100 of assessed value in fiscal year 2014, which begins July 1, 2013.  Even at the rate of $.77, the commissioners said real property tax revenue will be $5.7 million less than the current year due to continued decreasing assessment values.

For more details about the budget, click here.


 

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