Originally posted by vraiblonde
*ahem*
Sorry vrai - I thought it would be ok since I linked it.
Anyway, it clearly states in the article there will a 1% increase in property tax. This is what I'm wondering. Currently, residences pay 1% of the assessed value in property tax, so a $300,000 house is around $3,000 a year in property tax. So is that an increase of 1% of that calculated rate, making it an addition $300 a year or an additional 1% of the assessed value, doubling property tax?
Before you think "double property tax" it is crazy, keep in mind, Prince George's County had to double theirs for the same reason many, many years ago.
Sure, Charles County needs a paid fire and EMS, no doubt, but it is going to be at an expensive price tag it seems. There is no way they can continue to handle the increased population, constant calls on simply good faith volunteers.