Heather Curtis
WMAL.com
WASHINGTON (WMAL)– Montgomery County Executive Ike Leggett cut what had been a proposed 8.6 percent property tax hike for the fiscal year 2017. He announced on WMAL’s Mornings on the Mall Wednesday that the hefty increase was no longer necessary. The state, he explained, is giving the county more time to make repayments of the tax liability resulting from the loss of the Wynne case in the U.S. Supreme Court last year.
Instead of paying 3.9 cents more per $100 of assessed home value, Leggett is now proposing homeowners pay 2.1 cents more.
“As a result, the average monthly increase for residential property owners drops from $27 to $18.67,” Leggett wrote in a memo.
Leggett thanked the sponsors of the bill that extends the repayments saying they recognize the impact the repayment schedule has on county taxpayers. He said the new repayment schedule is more measured and provides relief for taxpayers.
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