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PARRIS N. GLENDENING, Governor
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Ch. 80
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(5) The text of the advertisement, other than the headline, shall be in
upper and lower case letters.
(e) The notice or advertisement shall be in the following form:
"........(NAME OF JURISDICTION) NOTICE
OF A PROPOSED
REAL PROPERTY TAX INCREASE
The ...... (name of taxing authority) of...... (name of jurisdiction) proposes to
increase REAL property taxes.
1. For the tax year beginning July 1, ......, the estimated REAL PROPERTY
assessable base will increase by.....%, from $......to $.......
2. If...... (name of jurisdiction) maintains the current tax rate of $...... per
$100 of assessment, REAL property tax revenues will increase by......% resulting in
$......of new REAL property tax revenues.
3. In order to fully offset the effect of increasing assessments, the REAL
property tax rate should be reduced to $......, the constant yield tax rate.
4. The ...... (county, city, town, etc.) is considering not reducing its REAL
property tax rate enough to fully offset increasing assessments. The......(county, city,
town, etc.) proposes to adopt a REAL PROPERTY tax rate of $...... per $100 of
assessment. This tax rate is ......% higher than the constant yield tax rate and will
generate $......in additional property tax revenues.
A public hearing on the proposed REAL property tax RATE increase will be held
at......(time) on......(date) at......(location).
The hearing is open to the public, and public testimony is encouraged.
Persons with questions regarding this hearing may call......(phone number) for
further information."
(f) (1) The meeting on the proposed county or municipal corporation REAL
property tax rate increase shall be held:
(i) on or after the 7th day and on or before the 21st day after the
notice is published as required by subsection (c) of this section; and
(ii) on or before June 17th before the date required by law for
imposition of the REAL property tax.
(2) The meeting may coincide with the meeting on the proposed budget
of the taxing authority.
(3) In computing periods of time under this subsection all calendar days
shall be counted including Saturdays, Sundays, and holidays.
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- 653 -
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