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This Evening – FY 23 County Budget Listening Session
UPDATE: In case you didn’t get a chance to attend the meeting, please send an email with your budget requests to omb@co.pg.md.us? The County is asking residents to send their budget requests by TODAY,...
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County Releases FY23 Draft Budget
Last week, County Executive Alsobrooks released her $5 billion FY 2023 Proposed Budget, which reflects caution and fiscal discipline as we emerge from the COVID-19 pandemic and enter a time of rising...
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Additional FY23 Budget Requests
The City is about to complete today’s budget worksession. here are a few additional budget request items the Council approved as part of the draft budget. I’ll update this list with more items later....
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Council Discusses Ways to Give More Tax Credits to City’s Homeowners
At last Saturday’s budget worksession, the City Council discussed a proposal that would give more property tax credits to City’s owner-occupied homeowners. Maryland law allows Counties or...
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Let us Know What You Think about the New City Budget
At tomorrow’s meeting, the Council will host a Public hearing about the new FY23 City budget. For FY2023, the budget proposes reducing the real estate property tax rate to 30.18 cents per $100 of...
View ArticleCity to Buy New Finance Software
City’s current financial software system is based on the AS400 platform – technology that was introduced in 1988. City staff believes it is imperative to replace and upgrade the existing, antiquated...
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Let us Know About Next Year’s City Budget
Preparation is beginning on the FY2024 Proposed Budget, which will be published in March 2023. The Mayor & Council invite residents to submit suggestions, requests and/or recommendations before...
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City Publishes FY2024 Budget Calendar
City staff has recently published the draft FY24 budget calendar. You can see the calendar below. The key dates include (a) January 27 – Mayor & Council requests/ resident suggestions for the FY24...
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Tomorrow is Deadline to Submit Your Budget Requests
City is seeking your ideas about how your tax dollars could be used in the most effective way. To get your feedback, the City has introduced a budgeting tool called “A Balancing Act”. A Balancing Act...
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City Budget Proposes to Keep Tax Rate Steady, Increase Services for Residents
This past Saturday, the City Council reviewed and discussed the Proposed Budget with the City Manager and directors. The City operates on a fiscal year, from July 1 to June 30. The budget process...
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City May Raise Commercial Property Tax Rate
In the upcoming FY24 budget, the City wants to keep the residential property tax rate at 30.18 cents; however, it proposes increasing the property tax rate of commercial properties (including...
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City to Hear from Residents on New Budget, and Tax Rates
At tonight’s meeting, the City Council will hold a public hearing on the property tax rate and the new budget for fiscal year 2024. The new budget incorporates the FY2024 Proposed Budgets for the...
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College Park’s FY25 Budget Proposal: Key Highlights and Changes Ahead
The City recently published the City Manager’s proposed FY25 budget. The draft budget can be found here online. Here are the key facts about the proposed budget: There was a total budget expenditure...
View ArticleChanges to the Proposed FY25 Budget
The City Council spent almost the entire day of Saturday, March 23rd, discussing the proposed FY 25 budget and making the following changes. Reduce proposed residential property tax rate to 34.18 cents...
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