Annapolis mayor calls for property tax rate cut

April 07, 2004|BY A SUN STAFF WRITER

Annapolis would hire more police employees, provide raises to city employees and lower the property tax rate under a spending plan released yesterday by Mayor Ellen O. Moyer.

The mayor proposed a $57.5 million budget that would reduce the property tax rate by 2 cents, to 58 cents per $100 of assessed value.

But many homeowners can expect to pay more in property taxes this year because of rising real estate assessments. The state reported last year that tax assessments in the city had risen an average of about 40 percent over three years; those new assessments are being phased in.

The state limits assessment increases to 10 percent a year.

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