MSBEOfficial 2018 Gubernatorial General Election Question Text
| Return to Election Result Index | Last Updated 12/11/2018 02:43:44 PM |
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Talbot County
Question A
Charter Amendment
Revenue Cap
The proposed amendment to Section 614 of the Talbot County Charter would:
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Lift the cap on revenues generated by real estate taxes from 2% to 2.5% while eliminating Consumer Price Index - Urban (CPI - U) as a lesser alternative cap;
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Authorize a temporary increase above the 2.5% cap of one cent ($0.01) per one hundred dollars of assessed value in each of the four fiscal years beginning July 1, 2019; and,
- Clarify that the County's taxable base and real estate tax revenues are calculated with reference to the State's Constant Yield Tax Rate Certification.