FY2021 Adopted Budget

FY2021 Adopted Budget County Tax Rates Property tax and income tax combined make up 88 percent of total General Fund revenue. The remaining 12 percent comes from an array of smaller ad valorem taxes, fees, grants and service charges. Property Tax This ad valorem tax applies to owners of real property (land and improvements) located in the County.

The tax base for a given fiscal year is the total assessed value of all real property subject to the property tax as of the first of January (the date of finality) immediately preceding the first day of a fiscal year. New construction substantially completed as of July 1 of the fiscal year is taxed for the full year, and new construction substantially completed as of January 1 of the fiscal year is taxed for a half-year. Each year, the State Department of Assessments and

Taxation (SDAT) is required to value one-third of all real property based on a physical inspection prior to the date of finality. Any increase in cash value (market value) is phased in equally over the next three years. All property is assessed at 100% of full cash value. The County property tax rate for Fiscal 2021 is $1.06 per $100 of assessable property. The rate is established by the County Council which is required by the County Charter to adopt a tax rate necessary to balance the budget.

SDAT property valuation map of Frederick County: Area 1

Assessment Area 1 will be reassessed for January 1, 2022 Assessment Area 2 was reassessed for January 1, 2020 Assessment Area 3 will be reassessed for January 1, 2021

Area 2 Area 3

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