Jay Fergusonjay@deepcreekvacations.com301-501-0420

Commissioners Approve $73.1 Million Operating Budget For Fiscal Year 2014

Jun. 6, 2013

The Garrett County commissioners on Tuesday unanimously approved a $73.1 million operating budget for fiscal year 2014. This figure does not include capital expenditures and debt service. Pdf file here.

The FY ’13 operating budget was $72.5 million, excluding capital expenses.

“Both operating and capital budgets for fiscal year 2014 show that Garrett County chooses to operate within its means, just as a household or business would have to do in order to remain solvent,” Commissioner Gregan Crawford said.


He added that the county is still able to meet its fiscal responsibilities and continues to deliver an acceptable level of services, which is prudent during this time of budgetary cuts.

The commissioners also voted unanimously to keep the real property tax rate at $.99 per $100 of assessed value for all areas of the county except Mountain Lake Park. Because of a tax differential agreement with the county, that town’s rate will be $.927. Both rates include a special fire tax levy of $.034 and a Garrett County Landfill bond tax of $.02.

Property tax revenue for FY ’14 is projected at $43.4 million. Because of a small increase in assessable property values, this is $114,714 more than the county garnered in FY ’13. In their budget document message, the commissioners called this increase “insignificant.”

“The three budgets that we’ve been directly involved in as the board of county commissioners have been quite a challenge,” said Commissioner Jim Raley. “In essence, all the new revenues to the county over the three years have been distributed primarily to backfill the loss of state revenues to the Board of Education and, this year, to the Health Department, both of whom provide vital services to our population.”

He said the county needed to grow its economy and population, work to retain its young people, and find ways to increase its revenue stream.

“It’s easy to say, ‘Just raise taxes and that will fix the problem,'” Raley said. “But when does it end – that vicious cycle of government reaching into the pockets of citizens who are just making it or businesses that are struggling to keep their doors open.”

Though it seems small, he indicated, a two or three cent tax increase greatly affects their bottom lines, resulting in homes being repossessed and businesses closing.

In addition to property taxes, the county’s other revenue sources include grants, various permit fees, and income taxes. The county’s Financial Services office projects that about $11.1 million will be garnered from income taxes in FY ’14, which is an increase of $1 million compared to FY ’13.

More here.



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Jay Ferguson

Who I Am My name is Jay Ferguson, and I am a lifelong resident of the Deep Creek Lake area. I am also co-owner of the real estate side of Taylor Made. I have been in the real estate business for 21+ years now and I LOVE what I do! I have to say, my career really took off when I co-founded the real estate side of Taylor Made in 2014. Its been an amazing experience, building a real estate company from the ground up and achieving so much so quickly! In August 2016, we purchased Long & Foster Real Estate Deep Creek, where I had started my career in 2000. In 2018, we on-boarded virtually every agent from Coldwell Banker Deep Creek Realty as they closed up shop and the real estate family grew even more! We now have over 40 sales agents and have expanded to West Virginia and Pennsylvania, as well. Taylor Made is the #1 vacation rental company at Deep Creek with over 475 vacation rental homes, and over one hundred thousand yearly visitors. Its amazing what we have accomplished using the principles of honesty, teamwork and customer service! Personally, my wife Jessica and I enjoy traveling and especially spending time in the outdoors, hiking and exploring the many diverse areas that Garrett County is naturally blessed with. We have raised two wonderful children here, Kayleah (22) and Noah (13). In the summer, we love spending time on the water with friends & family and enjoying the lake life! We are both active in our church, our community & local school activities, and we fill our schedule with plenty of volunteer efforts. I currently serve on the board of directors for Habitat for Humanity. I am proud to say that I was named Deep Creek Time’s Favorite ‘Community Champion’ in 2019. I was also named Garrett County Realtor of the Year in 2018-19, as well. I really enjoy promoting my hometown. I am very proud of the resort area that has developed over my lifetime and look forward to growing the area even more! Deep Creek Lake has been described as ‘The Lake Tahoe of the east', and I think that speaks volumes about the potential to own property here! Deep Creek Lake isn't really a town or city by itself; it's comprised of three towns: Oakland, Swanton & McHenry, Maryland. I am very passionate about my hometown and am impressed with how many people know about it as we travel around the country. Deep Creek Lake is an amazing place to visit and even better place to live! During the pandemic in 2020, our market exploded and more and more people left their primary residence in the city to live here permanently. With distance learning in schools and tele-commuting becoming the ‘norm’, many more people were drawn to the area to ‘live where they love to play’. Why You Want Me Working for You: In addition to being an owner, I am consistently one of the top-producing agents in the entire area and the Associate Broker of record for Taylor-Made Deep Creek Vacations & Sales. I have 21+ years of experience and I am a problem solver. There aren’t many situations that I have not encountered and I have a strategy for almost every scenario that you may encounter. I have extensively trained in all areas of real estate & emerging technologies, and also have trained as an appraiser, as well as served as a full-time Broker. I have a strong knowledge of the industry, as well as many trusted local contacts & affiliations that allow me to perform at a very high level and deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you. Call me to discuss your situation - I know I can be of great service to you & others you care about! Honesty. Integrity. Results.