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Category: Budget

Council Requests to Put Additional Money in FY19 Budget

At last Saturday’s budget worksession, the City Council approved the following additional budget requests. These requests were made by several Council members at the meeting 1. City-University Partnership $10,000 2. Meals On Wheels Of College Park $8,500 3. Fire Dept. Capital Equipment Grants $15,000 4. Dues (PGC Chamber membership) $1,050 5. Seniors Program Office space […]

Thursday April 26th, 2018 in Budget | Comments Off on Council Requests to Put Additional Money in FY19 Budget

City Publishes Draft FY19 Budget

The proposed FY2019 City budget has been posted on City’s website today. Here is the link. The budget does not propose any hike in our property taxes. Based on the latest projections, it is anticipated that revenues will exceed expenditures by almost $1.1 million by the end of FY2018. This is primarily a result of […]

Saturday March 31st, 2018 in Budget | Comments Off on City Publishes Draft FY19 Budget

Budget Town Hall Meeting: April 5, 2018

Tuesday March 27th, 2018 in Announcements, Budget | Comments Off on Budget Town Hall Meeting: April 5, 2018

City Receives Distinguished Budget Presentation Award

Congratulations to City’s Department of Finance for winning the Distinguished Budget Presentation Award for the current budget from Government Finance Officers Association (GFOA). In order to qualify for the budget award, the City had to rate highly in several nationally recognized guidelines and criteria. This award was presented to our Finance Director, Gary Fields. When […]

Saturday March 24th, 2018 in Budget | Comments Off on City Receives Distinguished Budget Presentation Award

Council to Kick-Off FY2019 Budget Discussion

The Council will discuss the initial general overview of the City’s current financial condition, key preliminary projections and proposed guidance to be issued to staff as they prepare the FY 2019 budgets. City staff estimates that the actual FY 2018 revenues may be somewhat less than anticipated – primarily due to a change in the […]

Sunday January 14th, 2018 in Budget | Comments Off on Council to Kick-Off FY2019 Budget Discussion

Tax Credit Bill Coming for P.G. County Seniors and Retired Veterans

County Councilwoman Mary Lehman told me yesterday that at her direction, her staff is requesting that the P.G. County bill is drafted and presented prior to the County Council’s August recess. The bill should make it onto the council agenda by July 11, but it will not be heard in committee until September. I first […]

Tuesday June 20th, 2017 in Announcements, Budget, Senior citizens | Comments Off on Tax Credit Bill Coming for P.G. County Seniors and Retired Veterans

City Budget: Council Proposes More Amenities and Services for Residents

The City Council spent a good part of April 8 and April 22 Saturdays reviewing the City manager’s proposed FY2018 budget. The total proposed budget is $19.8 million, compared to last year’s amended budget of $18.0 million. You can see an overview of this year’s budget here on the City’s website. At the two worksessions, […]

Monday April 24th, 2017 in Budget | Comments Off on City Budget: Council Proposes More Amenities and Services for Residents

Group to Screen “Before the Flood” Climate Change Documentary

What: Free screening of “Before the Flood” climate change documentary When: Wednesday, April 19, 7–9 pm Where: College Park City Hall, 2nd Floor, 4500 Knox Road, 2nd floor If you are still asking yourself whether climate change is “real,” this FREE 90-minute award-winning documentary may help to answer your questions. Skeptics and believers alike will […]

Friday April 14th, 2017 in Announcements, Budget | Comments Off on Group to Screen “Before the Flood” Climate Change Documentary

Budget Town Hall – April 24, 2017

Council members from district 1 and 4 will be hosting a budget town hall meeting on Monday, April 24, at the Youth and Family services building on 4912 Nantucket road. Please join and let us know how you want us to spend your tax dollars.

Sunday April 9th, 2017 in Announcements, Budget | 2 Comments »

Live Blogging – Budget 2018 Worksession – Day 1

2:34pm: we’re done with today’s session. We’ll have our next session on April 22 2:04pm: We’re reintroducing Business Assistance and Façade Improvement Grant program – $60K 1:40 pm: We’re now reviewing Planning and Economic development budget. Total budget: $805,735 1:28pm: City currently provides transportation within an 8 mile radius at the request of City seniors, […]

Saturday April 8th, 2017 in Budget | 2 Comments »

County Budget Listening Sessions

The session in the northern part of the county is Tuesday February 7th 7:00 p.m. at Laurel Senior High. County Executive Rushern L. Baker, III invites residents and businesses to attend a public meeting on Tuesday, January 31st, 7:00 p.m. at Oxon Hill High School, 6701 Leyte Drive in Oxon Hill, MD. This is the […]

Tuesday January 31st, 2017 in Budget, County | Comments Off on County Budget Listening Sessions

Residents May See a Lower Property Tax in FY2018

At last night’s Council meeting, the City Council had the first meeting about the budget for FY2018. For Real Estate Property Taxes, City’s goal is to maintain a constant yield in order to maintain revenue neutrality for FY 2018. This would effectively provide a decrease in the Real Property tax rate for many of our […]

Wednesday January 18th, 2017 in Budget | Comments Off on Residents May See a Lower Property Tax in FY2018

City Projects $1.6 million More Revenue in FY 2017

College Park is are currently projecting approximately $1.6 million more in revenue than originally budgeted. According to City’s Finance Director, the primary drivers for the additional revenue are: – $250,000 and $150,000 more from Real Estate Property Tax and Personal Property Tax, respectively; – $600,000 more from State Income Tax ($432,000 of this due to […]

Saturday January 14th, 2017 in Budget | Comments Off on City Projects $1.6 million More Revenue in FY 2017

Council to Vote on Reducing City’s Homestead Tax Credit to 2%

At tonight’s Council meeting, the Council Council will decide whether to reduce City’s Homestead tax credit to 2%. Currently, the tax credit rate is set at 4% At the October 4, 2016 Worksession, Council discussed this item and staff provided cost estimates for lowering the City’s Homestead Tax Credit Rate from its current rate of […]

Tuesday October 11th, 2016 in Budget | Comments Off on Council to Vote on Reducing City’s Homestead Tax Credit to 2%

Council to Weigh In Many Budget Changes – Including Lowering Property Tax Rate

At tomorrow’s Council meeting, the City Council will consider a number of amendments to the proposed budget changes, including a proposal to lower the real property tax rate. There are 7 proposed amendments to the budget that will be discussed by Council: 1) Reduce the real property tax from 0.335 to 0.325 per $100 of […]

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Monday May 23rd, 2016 in Budget | Comments Off on Council to Weigh In Many Budget Changes – Including Lowering Property Tax Rate