Sykesville reduces town property tax rate

June 04, 1996

Although Sykesville residents will be paying more county property taxes, they can look forward to a reduction in the municipal property tax rate.

The Town Council unanimously passed a budget last week that is based on a 79-cent rate per $100 of assessed value. The new tax is four cents lower than last year. The town budget for fiscal 1997, which begins July 1, is $1.1 million.

"There was a consensus on reducing the tax rate, but the question was how much," said Matthew H. Candland, town manager.

For the owner of a $105,000 home, the reduction means an annual savings of about $42.

The council also has recommended hiring an auditor to analyze the town's debt structure.


Gamber: Firefighters responded at 12: 45 p.m. Sunday to a brush fire on Deer Park Road. Units were out 22 minutes.

Pub Date: 6/04/96

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