Montgomery County Council President Nancy Floreen introduced legislation to increase the recordation tax to help raise funds for additional school construction and affordable housing. CCM’s Susan Kenedy reports. Visit our PEG partner County Cable Montgomery to view more of its local programming.
April 18 media briefing
April 24, 2016 |
April 19, 2016 |
Floreen Proposes Rate Increase in Recordation Taxes, GCAAR Opposes (VIDEO)
UPDATED Montgomery County Council President Nancy Floreen introduced legislation this week to change the rate of the recordation tax paid when properties are sold or refinanced. According to a Council news release, the tax premium only applies to sales and refinancing above $500,000 and the move will stimulate funding for additional school construction and affordable […]
April 18, 2016 |
Floreen on Budget: “Everything is on the Table” (VIDEO)
At her weekly briefing this week, Montgomery County Council President Nancy Floreen announced that two Council Committees will be studying compensation issues for county employees and Montgomery County Public Schools employees. This review comes as the Council considers a property tax increase as part of its budget deliberations. “Everything is on the table,” Floreen said. […]
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