St. Mary’s County Proposes $211.4 Million Budget

The St. Mary’s County Commissioners voted earlier this week on a $211.4 million proposed budget for fiscal year 2013.  The operating budget, which will be heard May 1, does not raise income or local property tax rates.  The Enterprise reports:

The fiscal 2013 county government’s revenues are estimated at $200.8 million, an increase of 4.7 percent from the current budget expected collection of $191.8 million.

The new budget calls for spending $10.56 million in surplus funds left over from fiscal 2011; the fund balance from that totaled $30.1 million more than budgeted.

The commissioners emphasized that the recommended budget is only temporary as there are several fiscal impacts that are still unknown as state lawmakers work toward the end of their session in April.

Budget highlights include:

  • Tax rates will stay the same at 85.7 cents per $100 of assessed value
  • $4.1 million to cover any shift of teacher pension costs to local government
  • $1.7 million for land acquisition for FDR Boulevard
  • $3 million for asphalting county roads
  • $3.15 million to buy a new school site
  • $7.5 million to build infrastructure serving the Navy that might be required as it reviews Patuxent River Naval Air Station

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