Frederick County Public Hearing for Higher Tax Bill
21 February 2017 News
Due to an increase in property values, Frederick County residents could be paying a higher tax bill. A public hearing has been scheduled for tomorrow night by the Frederick County Board of Supervisors to give residents a chance to voice their concerns.
Real property values have seen an increase of 8.4 percent. Currently there is a real estate tax of 60 cents per $100 of assessed value. The increase could generate $4.3 million in revenue for the county.
The board could choose to lower the current tax rate to 55.32 cents per $100 of assessed value to maintain current profits.
The public hearing is scheduled to be held Wednesday February 21 at 7:00pm in the County Administration Building located at 107 N. Kent Street.