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Fitzwater proposes 4.7% property tax rate increase for FY25 to fund school construction

April 16, 2024

Frederick County Executive Jessica Fitzwater said Monday that her proposed budget for fiscal year 2025 will include a 4.7% increase in the county’s property tax rate, a change intended to help fund school construction projects. The proposed tax-rate increase from $1.06 per $100 of assessed value in fiscal year 2024 to $1.11 per $100 of assessed value in fiscal year 2025 would mark the first change in the county’s property tax rate since the charter model of government took effect in 2014.

Article Source: Frederick News Post

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