Maryland Property Taxes Unmoved, At Least For Now | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Maryland Property Taxes Unmoved, At Least For Now

Play associated audio
Maryland's cut of property taxes will remain flat for the time being.
http://www.flickr.com/photos/68751915@N05/6848820425/
Maryland's cut of property taxes will remain flat for the time being.

Maryland's property tax will hold steady for now, but Comptroller Peter Franchot is warning about rising debt service obligations in upcoming years.

The Board of Public Works on Wednesday held the state property tax to 11.2 cents per $100 of assessed property value, according to the Associated Press.

But Franchot noted that debt service obligations will increase in the next several years to $1.4 billion. He says it's important the state keep that in mind.

Treasurer Nancy Kopp says Maryland has long been recognized for having a prudent system to borrow money for infrastructure at the lowest interest rates

Kopp also noted that former Gov. Robert Ehrlich set the rate at 13 cents for several years. She says the board may need to seriously think about going back to that in future years.

NPR

What's A Pirate's Least-Favorite Puzzle? One That Hates Arrrrs

In each pair of clues, the answer to the first clue is a word that contains the consecutive letters A-R. Drop the A-R, and the remaining letters in order will form a word that answers the second clue.
NPR

What To Do With Weird Farmers Market Vegetables

The farmer's market in July is a wondrous thing: juicy tomatoes, jewel-toned eggplants, sweet yellow corn. But then, you see greens that look like weeds, and suddenly, you feel intimidated.
NPR

Trump's Campaign Theme Song Headache? Blame Michael Jackson, Sort Of

Candidates keep getting in trouble for picking theme songs without getting approval from the artist. You can trace this back to changes in both campaigning and the way companies sell products.
NPR

Want A Taste Of Virtual Reality? Step One: Find Some Cardboard

Fancy headsets can cost between $200 and $500. But if you have a smartphone, some extra time and an empty pizza box, you can make your own.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.