Howard County elected officials may have to raise taxes or introduce new ones in order for the county to deal with rising costs and pay off its debt obligations. A new report by the county’s Spending Affordability Advisory Committee expressed concerns about the “significant and growing gap” between revenue and spending requests. The deficit will reach $108 million in fiscal year 2020 and will likely grow to about $275 million by fiscal year 2025 unless officials take corrective action. The committee,…
from https://www.bizjournals.com/baltimore/news/2019/03/01/howard-county-could-raise-taxes-following-panel.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/183142756077
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