[RP TownTalk] Should apartments pay their fair share in taxes?
Roland Walker
walker at pobox.com
Tue Jun 5 20:20:05 UTC 2007
> Strangely, large apartment buildings are currently exempt from the
> town's rental license fee. We should establish a per apartment
> rental license fee that applies to all apartments.
We do have such a fee. It is $75/unit.
This could be discovered by looking at the revenue side of the current
budget, or by reading chapter 42 of the code.
R
On 6/5/07, Rob Oppenheim <oppenheim at email.com> wrote:
>
>
> Apartments pay a lot less in property taxes (per family) than do single
> family homes.
>
> Property taxes on houses in our town run about $1,500 per home,
> and only about $280 per apartment! (This is the Riverdale Park
> portion of the property taxes).
>
> True, apartments do not get trash pickup, but they do get all the
> other town services. Trash pickup is less than 15% of our budget,
> so apartments get about 85% of the town's services while paying
> less than 20% of the taxes.
>
> Strangely, large apartment buildings are currently exempt from the
> town's rental license fee. We should establish a per apartment
> rental license fee that applies to all apartments.
>
> If such a fee were just $10/month per apt ($120/year) that would
> generate about $100,000 in revenue. I think it should be even higher.
>
> (To be fair, the fee should be less for smaller buildings, say those
> with 30 or fewer units, as smaller buildings pay proportionally more
> property taxes per unit than do the larger buildings.)
>
> There are other taxes that might be more equitable too.
> Such as a utility tax (Hyattsville has one, we do not).
>
> Rob Oppenheim
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