GSSCC Members:
We are closely following and OPPOSING a 10% property tax rate increase (10-cents per $100 of assessed value) on residents, local businesses, and property owners, being proposed by County Executive Elrich in the FY2024 Operating Budget.
This property tax rate increase will deter investment and make it difficult for business owners and residents to continue to choose Montgomery County as a place to live and do business. It will deter investment in infrastructure and disincentivize the workforce from considering Montgomery County as a viable option.
Stephanie Helsing, GSSCC President & CEO, will testify in opposition to the property tax rate increase at the County Council budget hearing on Tuesday, May 2, at 1:30 p.m.