Posts Tagged ‘ constant yield ’

Cecil County to Get $9.9 million Biden Windfall; County Exec Budget Cuts First Responders Pension $; Capital Budget Fudge

May 12, 2021

NEWS ANALYSIS Cecil County is about to receive a $9.9 million windfall under the new American Rescue Plan signed into law in March by President Biden but some of County Executive Danielle Hornberger’s budget actions could limit how, and how much, money could be spent to help the county recover from the impacts of...
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Cecil County Exec Proposes 2-Cent+ Property Tax Rate Boost; Schools Pleased with Budget, Sheriff Denied Deputies

April 1, 2015

Cecil County Executive Tari Moore proposed a Fiscal 2016 budget on Wednesday 4/1/15 that would increase property taxes, raise fees for dumping trash at the landfill, and boost public school spending for many, but not all, of the schools’ requests. The budget proposal would yet again tap the county’s “unassigned fund balance” reserves, which...
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Posted in Barry Janney, Business, cecil county, cecil county government, Cecil Times, Cecilton, county commissioner, education, Elections, Elkton, governor, politics, Republicans, Uncategorized, women | 18 Comments »

Cecil County Budget: Another ‘Happy Meal” Property Tax Cut Trims Half-Cent Off Rate

May 22, 2012

The Cecil County Commissioners Tuesday adopted operating and capital improvement budgets that will give property owners their second consecutive “Happy Meal” tax cut— yielding savings of about the cost of a family’s fast-food meal—while delaying many construction projects. But unlike last year’s contentious budget process, this year the County Commissioners were unanimous in their...
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Posted in Business, cecil county, cecil county government, county commissioner, education, politics, real estate, Uncategorized | 7 Comments »

Cecil County Drafts $169 Million Budget; Schools Get “Flat” Funds; Property Tax Rate at “Constant Yield”

May 1, 2012

The Cecil County Commissioners have drafted a $169 million proposed budget for Fiscal 2013 that would freeze public schools funds at the current level, give a 1 percent cost-of-living raise to county employees and set property taxes at the “constant yield” rate. But since overall revenues from income taxes and property taxes paid to...
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Posted in cecil county, cecil county government, Cecil Government, Cecil Times, education, Elkton, politics, real estate, Uncategorized | 11 Comments »

Cecil County Budget Warning: Casino $ to Decline, Schools Face Aid Cuts, Property Values Drop Could Prompt Tax Rate Boost

December 13, 2011

Local impact aid revenues from the Hollywood Casino in Perryville are likely to be lower than previously expected and Cecil County schools face new cuts in state aid in Fiscal 2013, the county’s budget director warned county Commissioners Tuesday. Craig Whiteford, the budget director, outlined issues facing the county as Commissioners begin the budget...
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Posted in Business, cecil county, cecil county government, Cecil Government, Cecil Times, education, Elections, Elkton, Politics, real estate, Robert Hodge, Uncategorized | 9 Comments »

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