Sharpsburg property taxes likely to stay the same in 2004

June 10, 2003|by LAURA ERNDE

Sharpsburg doesn't plan to increase property taxes in 2004, according to a proposed budget introduced by Mayor Hal Spielman on Monday.

The council most likely will approve the $155,270 budget at its July meeting.

The town expects to take in $146,863 in revenues, making up the shortfall by dipping into its reserves.

Like municipalities across Maryland, Sharpsburg is experiencing a drop in revenues due to cuts in state highway user fees. The town also is earning less money on its investments than in past years, Spielman said.

But Sharpsburg's property tax rate will remain the same, council members decided at a budget workshop Monday.

Town residents are taxed at a rate of .176 per $100 of assessed value, according to the State Department of Assessments and Taxation.


"This isn't the year to have a tax increase," said Councilman Ralph Hammond.

Some highlights of the proposed budget:

  • Although the town's elected officials have chosen to forego their salaries, the town plans to budget $100 in case someone changes their mind. Council members are entitled to $30 a year and an additional $1 for each special meeting they attend.

  • Sharpsburg's annual parade and heritage festival is proposed to get $9,000, which is a $2,000 increase over last year.

  • The fee to apply for a special exception or rezoning appeals is proposed to be raised from $35 to $50 to cover the cost of advertising and certified mail.

  • The town's largest expense is expected to be trash removal, which is budgeted at $27,000.

  • The town is budgeting $5,000 for repairs and maintenance to Town Hall.

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