FY2022 Adopted Operating and Capital Budget

FY2022 Adopted Budget County Tax Rates

FY 2019 Adopted

FY 2020 Adopted

FY 2021 Adopted

FY 2022 Adopted

General Real Property Tax

$1.0600

$1.0600

$1.0600

$1.0600

(Per $100 of Assessed Value) City of Frederick (differential) Town of Myersville (differential)

$0.9413 $0.9333

$0.9423 $0.9325

$0.9432 $0.9373

$0.9505 $0.9407

Railroad Public Utility Tax

$1.0600

$1.0600

$1.0600

$1.0600

Public Utility Tax

$2.6500

$2.6500

$2.6500

$2.6500

Income Tax

2.96%

2.96%

2.96%

2.96%

Sales Tax Maryland's 6% sales tax is not a revenue that comes to the County budget

$6.00/$500 of consideration

$6.00/$500 of consideration

$7.00/$500 of consideration *

$7.00/$500 of consideration

Recordation Tax

58.33% 58.33% 16.67% 16.67% 12.50% 12.50% 12.50% 12.50%

48.71% 48.29% 14.29% 14.29% 25.00% 25.00% 10.71% 10.71%

General Fund

School Construction Fund Agricultural Preservation Fund

Parks Acquisition & Development Fund

0.00%

0% ^

1.29%

1.71%

Housing Initiative Fund

Total 100.00% 100.00% 100.00% 100.00% ^ Although the adopted budget was based on a 1.5% dedication to the Housing Initiatives Fund, legislation was not effective until FY2021. * The rate changed from $6.00 to $7.00 per $500 of consideration on October 1, 2020. Based on the dedication of the additional $1.00, all % were updated. Transfer Taxes are not charged in Frederick County

Building Excise Tax - Frederick County rate is set at 0%

911 Fees

$0.75/line

$0.75/line

$0.75/line

$0.75/line

Special Taxing Districts for Electric Lighting Braddock Heights

0.0150 0.0130 0.0170

0.0150 0.0130 0.0170

0.0100 0.0100 0.0100

0.0100 0.0100 0.0100

Libertytown New Addition

54

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