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Advisory Panel Recommends Steady State Property Tax Rate

April 20, 2021

An advisory board recommended Monday that the state keep its property tax rate steady for the 15th straight year, but some members held out hope that a small decrease could be in store. The Commission on State Debt unanimously recommended the rate for non-utility property taxes remain at 11.2 cents per $100 of assessed value. The state has set and kept that rate since 2007, when it was lowered from 13.2 cents. The commission’s recommendation goes to the Board of Public Works, which is set to vote on the 2022 property tax rate on Wednesday.

Article Source: Maryland Matters

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