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Category: Tax

College Park Reduces Tax Rate for Home Owners

At last Tuesday night’s meeting, the College Park City Council decided to lower the homestead tax credit rate to 0%. With this change, College Park will not charge extra tax from its property owners when their property values will go up next year. I was very happy to support giving more tax breaks to our […]

Thursday October 12th, 2017 in Tax | Comments Off on College Park Reduces Tax Rate for Home Owners

Despite Low Assessment, Many May Not See a Smaller Tax Bill

Last weekend, I met a resident, who told me that his tax bill did not go down a lot despite the fact that his property value went down after County’s last assessment. This led me to investigate the issue and get me in touch with folks who have been following this closely. If you are […]

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Monday August 12th, 2013 in Tax | Comments Off on Despite Low Assessment, Many May Not See a Smaller Tax Bill