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Commissioners keep current tax rate and approve homestead cap change; senior tax credits and property‑tax reductions debated
Summary
St. Mary’s County managers reviewed multiple property‑tax credits, recommended keeping the current tax rate rather than shifting to constant yield, and commissioners agreed to move the homestead cap from 5% to 3% beginning July 1, 2019; senior tax credit levels and budget impacts remain under review.
St. Mary’s County commissioners on March 5 reviewed several property‑tax credit programs and opted not to adopt the constant‑yield tax rate advertised by the assessor, while moving forward with a change to the homestead cap.
County staff outlined the key credits: the age‑65 property tax credit (65/40 or veteran rule) that can be capped up to 20% under state law but was locally set at 10%; a separate matching senior tax credit; and the…
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