Union Bridge tax increase is likely, mayor says NORTHWEST -- Taneytown * Union Bridge * New Windsor * Uniontown

March 16, 1993|By Traci A. Johnson | Traci A. Johnson,Staff Writer

Union Bridge's tax rate will likely increase for the next fiscal year, said Mayor Perry L. Jones Jr.

Coming projects such as the new municipal office building construction make the rate increase almost inevitable.

"We're only about halfway through the budget planning process right now," Mr. Jones said. "But it seems we may have to raise the tax rate if we want to complete everything that has to be done around town.

"We've only had two work sessions on the budget, so we aren't sure whether it will be two cents, a nickel or what," said Mr. Jones.

The current tax rate is 68 cents per $100 of assessed valuation, which is in addition to county property tax. Homes are assessed at 40 percent of the market value.

Under this formula, the owner of a $134,000 home, which is assessed at $53,600, pays $364 annually in town property taxes plus $1,260 in county property taxes.

Union Bridge's tax rate currently sits in the middle range when compared with other Carroll municipalities.

Westminster, Sykesville, and Taneytown all have higher rates. They are 83 cents, 82 cents and 78 cents, respectively.

Hampstead's 53 cents, New Windsor's 45 cents and Manchester's 39 cents are less than the current Union Bridge rate.

Town Clerk/Treasurer Kathleen D. Kreimer said that construction the new town offices, renovations to the sewer plant and changes in the water department would be a few of the more important items the council would consider for the Fiscal Year 1994 budget.

The town will spend about $200,000 building the new town offices, and officials have applied for loans and held fund-raisers to cover the costs.

"We're trying to raise as much money as we possibly can so that the tax rate won't have to go up so much for the new offices," Ms. Kreimer said.

Mr. Jones said some of the money for other projects, such as the water and the sewer work, may come from grant money, but "you never know what's going to happen with that."

The tax rate increase will not be used to supply town services to any new development, Mr. Jones said.

"The way we have things set up, any developments in town will pay for themselves," Mr. Jones said.

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