Montgomery County Council Considers Change to Property Tax Limit

As reported by the Gazette, the Montgomery County Council is considering a change to the county charter that would exclude property tax revenues raised through special taxing districts from its charter limitation. From the article:

Montgomery’s charter essentially limits property tax revenue to the same amount as the year before plus inflation, but a proposal floated Tuesday would exempt what the county collects through its special taxing districts from being part of that revenue calculation, giving it more flexibility to expand or create new districts.

Special taxing districts are defined areas of the county where property owners pay an extra property tax for a special purpose.

The extra tax might pay for county-provided parking, greater security, street maintenance, events or noise abatement walls.

To make this change, the Council would need to pursue legislation during the 2014 General Assembly Session or put it on the ballot for the 2014 election.

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