–The following article was submitted by District 6 Delegate Bob Long about tax increases for 2024 and property reassessments from Baltimore County –
I hope everyone had a Merry Christmas and Happy New Year. I received a Christmas card from the County in the form of a Notice of Assessment for property taxes.
Along with everyone else in our district, property values have been reassessed and these values have skyrocketed. Some of these values climbed 25 to 33 percent.
Individual property tax assessments may vary, so you’ll want to look at your assessment. The increased assessment will affect how much you pay on your property tax bill.
If you have a mortgage, your monthly payments will increase to cover the escrow. We won’t receive a tax bill until July. One of the main ways to reduce the amount of property taxes you owe is to appeal the market value of your property. An appeal must be filed online or obtaining a form. The last day to file an appeal is February 12, 2024.
You can also check to see if you are receiving the Homestead property tax credit, which limits the increase on taxable assessments.
You can also check to see if you qualify for the Homeowners’ tax credit which is income based. If you are receiving these credits, it will be indicated on your assessment notice. I will be hosting an informational session in the future to address any questions.
The state had a large surplus a year ago when Governor Hogan left, now we are seeing the results of the wasteful spending from Governor Moore. I knew this was coming. We need to pay for the Kirwan Commission and other costly projects.
I urge District 6 residents to consider appealing your tax assessments. I expect other tax increases to come as well.