Proposed Wicomico County Property Tax Rate Increase - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Proposed Wicomico County Property Tax Rate Increase

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SALISBURY, Md.- Wicomico County is considering a 1.7 percent increase in property taxes.  The roughly 6 cents per $100 of assessed property value would continue to bring in the same level of revenue for the county as assessed property values in the county continue to fall.

The decline in property values is a trend that taxpayers like Dick Raymond of Salisbury have noticed.

"Property values have gone down and in our neighborhood. Houses that used to sell, back in the day for $300,000, $325,000, $350,000, are now selling for $200,000, $225.000 max, so yeah, property values have gone down," Raymond said.

Last year, the state of Maryland passed a law stating that Wicomico County needed to raise its property tax rate to the maximum rate allowed under its tax cap.  The law applied to last year and this year.  That equated to almost five cents per $100 of assessed value.  There is also a bit of wiggle room which allows the county to take the rate up another penny.

"You have to understand if 5 cents brings in the same amount of money next year and it only goes up another penny above that five under the revenue cap, the individual impact should be pretty minor on a majority of the folks in the county," said County Executive Rick Pollitt.

Graydon Hopkins is a Wicomico County taxpayer who said he understands why the increase is necessary and does not mind paying a little extra.

"I think that's very acceptable to tell you the truth.  If it was 2.7, I wouldn't object to it," said Hopkins of Salisbury.

"It doesn't sound like much, you're right," Raymond said. "Six cents here, 10 cents there, whatever the case may be, but when you add it up, it does make an impact to people who are not making, and for someone who has been out of work and looking for jobs that are available here on Delmarva, a lot of them aren't real high paying jobs."

If adopted, the Wicomico County property tax rate would increase from about 84 to 90 cents per $100 of assessed property value.

A public hearing on the proposed tax increased is scheduled for 9 a.m. Tuesday, June 11, at the Government Office Building in downtown Salisbury.

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