Posts Tagged ‘property tax’
Proposal Could Slash School Construction Costs, Reduce Property Tax Burden for Delaware Property Owners
A pending bill in the Delaware House of Representatives could save property owners in the state untold millions of dollars in tax payments. House Bill 296, sponsored by State Representative Bryan Shupe, would allow school district and charter school officials to decide if they want to pay âprevailing wageâ rates for school construction projects. The prevailing…
Read MoreOcean City Approves Incentives To Lure Year-Round Residents
Ocean City is looking to provide an incentive for people to become full-time residents. Town officials this week approved a proposal to relieve some of the usual fees and to offer a break on property taxes, which could amount to several thousand dollars. The pilot year-round residency incentive program in Ocean City would last for…
Read MoreWorcester Co. FY ’21 budget holds the line on property taxes
Worcester County will maintain its real property tax rate at 84.5 cents per $100 of assessed value under a budget approved by County Commissioners for fiscal year 2021. The spending package totals more than $204,000,000, one-and-a-half percent more than the current yearâs budget. Worcester County Officials say they tried to act proactively to address the…
Read MoreSussex County Tax Bills On the Way
Sussex County tax bills are on the way! The County has sent out bills that cover more than 179,000 parcels â which will bring in about $160.2-million which pay for local services. The annual tax bills include County property taxes, County sewer and water, tax ditch and street lighting fees, where applicable, plus local school…
Read MoreTax Decrease for FY 2019 for IRSD Taxpayers
The Indian River School District is giving you a break on your school taxes for FY 2019. Itâs a 3-cent decrease which resulted from reductions to the debt service and tuition components of the overall tax rate.  The approved property tax rate is $3.067 per $100 of assessed value.
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