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City staff warn of potential $1.8 million exposure from commercial tax‑abatement appeals; reserves discussed
5458501 · July 24, 2025
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Summary
Treasurer and city manager told council that over 60 commercial properties have abatement challenges; if all appeals succeed, Greenbelt could face roughly $1.8 million in lost revenue, to be absorbed from reserves or other sources over time.
City Treasurer Miss Gayman and City Manager Mr. Summeron briefed the council on a set of commercial property tax abatement appeals that the state has registered against more than 60 accounts in Greenbelt. Staff estimated that, if every appeal were granted, the revenue loss to the city could exceed $1.8 million.…
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