NEWS ANALYSIS Cecil County Executive Alan McCarthy admits putting together the Fiscal 2021 county budget was a bit like being in a hurricane bunker while hoping that the COVID-19 pandemic that has wreaked havoc with the state and local economy won’t overwhelm the fiscal safety measures he installed over the past three years that...
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Tags: Alan McCarthy, ambulance, budget, Business, CCPS, cecil county, Cecil County Executive, cecil county public schools, Cecil Times, County Council, county executive, COVID 19, election, Elkton, emergency services, Fiscal 2021, governor, income tax, Larry Hogan, libraries, library, pandemic, paramedics, Politics, property tax, property value, raimy day fund, reserve funds, revenues, schools, seniors, Sheriff, State Department of Assessments and Taxation, unassigned fund balance, virus, Volunteer fire companies
Posted in Alan McCarthy, Business, campaign finance, cecil county government, Cecil Government, Cecil Times, education, Elections, Elkton, governor, politics, real estate, Republicans, Rising Sun, seniors, Uncategorized | No Comments »
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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Tags: Bill Coutz, Bob Meffley, Business, cecil county, Cecil County council, Cecil Times, Chris Moyer, County Council, development, economic development, Elkton, enterprise zones, George Patchell, Jackie Gregory, legislation, North East, prinipio, property tax, real estate, Stewart, taxes, William Coutz
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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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Tags: Al Miller, Alan McCarthy, ambulance, Bill Coutz, Bob Meffley, budget, cecil county, Cecil County council, councilor, countuy government, county executive, director of finance, Elkton, fire engine, Fiscal 2020, fund balance, George Patchell, income taxes, Jackie Gregory, Lisa Saxton, money, property tax, property taxes, reserve funds, spending, taxes, Volunteer fire companies, vote, worksession
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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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Tags: Alan McCarthy, assessment, bill, Board of Realtors, budget, cecil county, Cecil Times, Cecilton, chesapeake city, County Council, county executive, department of assessments and taxation, earleville, Elkton, Gary Duffy, houses, Joe Zang, land, norman Wehner, property tax, real estate, state, taxes
Posted in Alan McCarthy, Business, cecil county, cecil county government, Cecil Government, Cecil Times, Cecilton, chesapeake city, Elkton, real estate, Uncategorized | No Comments »
NEWS ANALYSIS A new $200 milllion water park and resort, planned for Perryville near the existing Hollywood Casino, could mark a new era in Cecil County economic development—with a potential ripple effect to attract other new amenities to the western area of the county and revive past development dreams that were dashed by the...
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Tags: Alan McCarthy, Bob Meffley, cecil county, Cecil County council, Cecil Times, Chesapeake Overlook, Chris Moyer, economic development, Elkton, Great Wolf Lodge, Hollywood casino, hotel, hotel tax, Perryville, personal property tax, property tax, Slots, VLT, waterpark
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