By: Mike Kennedy|
April 25th, 2012
Category: Deep Creek Lake Real Estate, Garrett County News, Garrett County Real Estate, News
Good news for Deep Creek Lake and Garrett County property owners. The Garrett County Commissioners have decided to hold the current real estate property tax rate at $0.99. The result of leaving the rate unchanged means the county will receive - and property owners will pay - approximately $2,000,000 in less tax revenue due to reduced property assessments. Unlike previous years, the county plans to reduce expenditures in all Garrett County Government Departments, except for the school system, instead of raising the property tax rate to offset the decline in revenue.
Please feel free to contact us if you would like an opinion on the value of your property or if you have any questions about your property assessment.