Property assessments are down by 22 percent in the past three years in Maryland. The Maryland Department of Assessments and Taxation says real estate values on residential properties have suffered the largest decline in the history of the department.
The state reassesses properties every three years. The new assessments are based on the sales of about 51,650 properties over that period of time. While they play a role in determining local property taxes, next July's tax bills will be calculated with tax rates set by local governments.
The department mailed notices yesterday to nearly 740,000 property owners reflecting the drop.
The director of Silver Linings Playbook and The Fighter takes on the ABSCAM scandal in his latest film. He talks to NPR's Melissa Block about creating the picture – and how those wild '70s hairdos help inform character.
The Food and Drug Administration Wednesday advised companies to change the labels on their drugs to make it illegal for livestock producers to use drugs for "growth promotion" or "feed efficiency." The announcement is the latest step in a long-running effort by the FDA to reduce the use of antibiotics in agriculture.
A congressional vote to renew extended unemployment benefits may have to wait until the new year. Senate Majority Leader Harry Reid will push for it in January if a last-minute extension fails to come together.
After a few moments of review, the top life events people reported in 2013 can read like a 10-sentence short story — perhaps a fable, or a coming-of-age tale. In the U.S., hot topics included the Super Bowl, Pope Francis, and the Harlem Shake.
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