Local Maryland governments face losses of hundreds of millions in tax property revenue for education, law enforcement, and other local services after a printing and mailing vendor failed to send property assessments to over 100,000 accounts this year.
According to a statement from the State Department of Assessments and Taxation Director Michael Higgs, a printing process error by the League for People with Disabilities, the vendor responsible for the property evaluations, resulted in 107,000 accounts not receiving their new projected home value notice by the Jan. 30 deadline. The recipients can expect the documents in the coming weeks.
Maryland Matters explained that property tax is a significant source of revenue for local governments. One-third of the state’s properties are reassessed each year and given a new value. The tax amount owed is adjusted based on the revised calculation, often higher than the prior analysis.
As per current law, owners must be given time to review the updated value and appeal it if they disagree with the estimate. The property value and the tax remain the same from the previous assessment if the notice is sent after the deadline.
Biden will Bail them out with stolen Covid money $$$$$$
How are they going to loose money? My tax assessment for the year 2021 was $121,100. Tax assessment for tax year 2024 is $220,400. I will now have to pay taxes on $220,400…..
Did anyone else receive DUPLICATE ASSESSMENT NOTICES? How much did that cost? Check out the “non-profit” history of this “ordinary business” incorporated in 1927 in SDAT…