Tax Cap Is Topic Of Bel Air Meeting

December 02, 1990

The Bel Air Town Commissioners are expected to initiate plans tomorrow to limit tax assessment increases on residential properties to 10 percent a year.

At their regular meeting at 7:30 p.m., the commissioners are expected to schedule a public hearing on the plan for Monday, Dec. 17, Town Administrator William N. McFaul said.

The commissioners are expected to approve the assessment cap by the end of the year.

"(The cap) establishes a limit to the assessment of your property," McFaul said. "It's to protect the property owner."

McFaul gave the example of a house with a $100 assessment this year. The cap would mean that the town could not increase the house's assessment to more than $110 next year, he said.

Despite the assessment cap, McFaul said he expects the town to continue to have enough money to finance municipal programs.

The state General Assembly passed a law last year requiring counties and municipalities to reduce the maximum assessment increase to 10 percent or less from 15 percent.

The County Council in October adopted a 6 percent assessment increase cap. Like Bel Air, officials in Aberdeen and Havre de Grace are considering setting a 10 percent assessment cap on properties.

The Aberdeen Commissioners will hold a public hearing on the town's proposed assessment limit plan on Monday, Dec. 10.

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