Commissioners retain discount for early payment of taxes

June 18, 1996|By STAFF REPORT

County residents who pay their property taxes early will still receive a discount averaging about $16.

The Board of County Commissioners voted down a proposal yesterday that would have cut that discount in half.

The proposal would have shaved the discount from 1 percent to half a percent for taxpayers paying property taxes in full by July 1. It would have eliminated discounts for homeowners paying by Aug. 31. Residents paying in full by Aug. 31 will continue to receive a discount of half a percent.

The reductions would have saved the county $300,000 in the fiscal year that begins July 1.

Commissioner Donald I. Dell said he preferred to leave the discount as it is, noting a 16 percent increase last year in the piggyback tax, the county's share of the Maryland income tax, and an increase of 27 cents per $100 of assessed value in the property tax rate.

Commissioner Richard T. Yates, who voted against both increases, agreed "wholeheartedly" and voted with Dell to continue the discounts. Commissioner W. Benjamin Brown was ill and did not vote.

The owner of a $153,195 house -- the average price of a new home in Carroll last year -- will have a property tax bill of $1,605.48 in the coming year. A 1 percent discount amounts to $16.05.

Pub Date: 6/18/96

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