A once rural county becomes urban, but its leaders have not accepted the fiscal realities that entails.
Few Montgomery County residents will like county staff’s recommendation that supervisors increase the property tax rate by 2 cents and the personal property tax rate by 10 cents. “The taxes are too high,” some will shout. “This doesn’t go far enough to fund basic public services,” others will declare. Goldilocks will be scarce.
Everyone in the county should have seen this coming after supervisors last year approved the largest property tax increase in decades, but one that still was not large enough to meet needs. Last year’s increase of 12 cents per $100 of assessed value brought the rate to 87 cents, and most of the new revenue went to pay for schools.