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Ocean City Budget Keeps Tax Rate Constant; ‘Modest Increase’ To Fund Infrastructure Needs, Maintain Reserves

Posted by The Dispatch | Wednesday, May 22, 2019

OCEAN CITY — Resort officials this week approved the fiscal year 2020 budget after rationalizing the constant property tax rate, which for some will represent a modest increase.When the fiscal year 2020 budget was presented in April, the property tax rate was set at the constant yield rate of .4585, which was actually lower than... Read more »

The post Ocean City Budget Keeps Tax Rate Constant; ‘Modest Increase’ To Fund Infrastructure Needs, Maintain Reserves appeared first on News Ocean City Maryland Coast Dispatch Newspaper.




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