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Commissioners add $25 million in spending to Carroll’s proposed fiscal 2024 budget

April 27, 2023

The Board of Carroll County Commissioners is proposing a $546.7 million operating budget for fiscal 2024, adding $25 million more in spending to the package budget officials recommended in early March. The spending and revenue plan for fiscal 2024, which starts July 1, is $45.4 million (9.1%) higher than the current operating budget. To help pay for the $25 million increase in spending, commissioners are proposing an increase to the recordation rate tax from $5 per $500 to $6.25 per $500, which will bring in a projected $3.9 million.

Article Source: Baltimore Sun

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