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Apr. 21, 2011
The Garrett County commissioners will hold a constant yield hearing this evening, Thursday, April 21, in the Garrett College auditorium at 7 p.m.
A hearing is required whenever a Maryland jurisdiction is considering not reducing its real property tax rate enough to fully offset increasing assessments.
The commissioners are proposing to keep the current real property tax rate at $.99 per $100 of assessment in fiscal year 2012. This tax rate is .3 percent higher than the constant yield tax rate and is expected to generate $119,903 in additional property tax revenues.
If you or someone you know is considering buying or selling real estate in Garrett County or Deep Creek Lake, Maryland, call Jay Ferguson of Railey Realty for all of your real estate needs! I take great pride in referrals, and I assure you, I will take great care of your friends, family & colleagues! As member of the Garrett County Board of Realtors, I can assist you with ANY listed property, regardless of the listing broker.
