Posts Tagged ‘ property tax ’

Hornberger Budget Cuts Property Tax Rate Slightly, Keeps Income Tax Boost; $1 Extra for Schools, Cuts Library Operations

April 5, 2021

NEWS ANALYSIS Cecil County Executive Danielle Hornberger submitted her first budget to the County Council on 4/1/2021, proposing about a 1-cent cut in the property tax rate while keeping income tax rates at the level set by her predecessor, Alan McCarthy. She also slashed operating funds for county libraries and bestowed the hefty sum...
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Posted in Alan McCarthy, andy harris, Business, campaign finance, cecil county government, Cecil Times, education, Elections, Elkton, politics, real estate, Republicans, Uncategorized, women | No Comments »

Enterprise Zones, Winners/ Losers: Cecil County Council Falters, Ponders, Reverses Course

October 17, 2019

NEWS ANALYSIS Which retirement account investment option would you prefer: 100% of $100,000 or 70% of $1 million? Seems like a no-brainer: $100,000 or $700,000 in your later-years pocket. But it took a while for the fiscal lightbulbs to be turned on at a Cecil County Council worksession on Tuesday (10/15/2019), after Councilor George...
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Cecil County Council Punts, So Far, on Budget; No Public Sessions Before 6/4 Vote

May 29, 2019

NEWS ANALYSIS In less than an hour on Tuesday (5/28/2019), the County Council reviewed the complex Fiscal 2020 budget proposed by the County Executive, with few questions, no spending cut proposals and just one advocate of raiding “fund balance” reserve accounts to lower the property tax rate by slightly over a penny—a move that...
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Posted in Alan McCarthy, Business, cecil county, cecil county government, Cecil Government, Cecil Times, Cecilton, education, Elkton, politics, Republicans, Uncategorized | No Comments »

Cecil County Property Values Rise in South County; Home Sellers Benefit, Residents Could Face Higher Tax Bills

January 10, 2019

Home values rose 9 percent in southern Cecil County and parts of Elkton over the past three years, according to new state property assessments– reflecting a resurging real estate economy in the county and a blessing for homeowners who suffered major losses in values during the recession that left them with mortgages higher than...
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Posted in Alan McCarthy, Business, cecil county, cecil county government, Cecil Government, Cecil Times, Cecilton, chesapeake city, Elkton, real estate, Uncategorized | No Comments »

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