Official 2020 Presidential General Election Question Text

Talbot County

Question B
Charter Amendment
Clarifying that Constant Yield Applies

Section 614 of the Talbot County Charter establishes a cap on the amount of revenue the County can derive from taxes levied on real estate. In order to apply the cap, the County must identify which properties are to be included in the calculation. Section 614 currently specifies the properties as those "existing on the County real property tax rolls at the commencement of the County fiscal year." However, this is not an accurate description of the properties the County actually uses. The County's source for identifying properties is the Constant Yield Tax Rate Certification prepared by the Maryland State Department of Assessments and Taxation. The Charter Amendment clarifies that to identify properties for revenue cap purposes, the County will use the Constant Yield Tax Rate Certification prepared by the Maryland State Department of Assessments and Taxation.

For the Charter Amendment
Against the Charter Amendment