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News

ARTICLE

Date ArticleType
6/13/2023

Funding county’s high-priority budget items would require 5.7-cent property tax hike (MoCo 360)

Council poised to vote on the proposed tax increase Thursday Scattered along several major roadways in Silver Spring, bright red yard signs read in bold letters:

"Higher taxes means fewer affordable homes.” The County Council is poised to vote on a hotly-debated property tax hike Thursday, and some councilmembers have suggested the increase may end up being significantly lower than what was originally proposed.

On Monday, over 30 of the county’s most prominent businesses and employers sent a joint letter to council expressing 'strong opposition' to a tax increase. The letter’s signatories included several local chambers of commerce and property management companies."

Read the full article on MoCo 360.

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