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<div><FONT FACE="Arial" SIZE=3> Turns out the tax hike is even bigger than I first thought. </FONT></div>
<div><b><FONT FACE="Arial" SIZE=3> The proposed increase in real estate taxes is 27%.</FONT></b></div>
<div><FONT FACE="Arial" SIZE=3> </FONT></div>
<div><FONT FACE="Arial" SIZE=3> This is not set in stone folks. The budget hearing will be Monday </FONT></div>
<div><FONT FACE="Arial" SIZE=3> May 21 at 7:30 p.m. at Town Hall. </FONT></div>
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<div><FONT FACE="Arial" SIZE=3> -Rob</FONT><br></div>
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<FONT FACE="Arial" SIZE=3> </FONT><div> </div>
<FONT FACE="Arial" SIZE=3> </FONT><div><FONT FACE="Arial" SIZE=3> FYI, The 27% increase in actual tax dollars is calculated from the</FONT><br></div>
<div><FONT FACE="Arial" SIZE=3> constant yield tax rate of 54.2 cents and the proposed rate of 68.7.</FONT><br></div>
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<FONT FACE="Arial" SIZE=3> </FONT><div><FONT FACE="Arial" SIZE=3> The constant yield tax rate info is available at </FONT><br></div>
<div><FONT FACE="Arial" SIZE=3> <a href="http://www.dat.state.md.us/sdatweb/stats/cytr.htm">http://www.dat.state.md.us/sdatweb/stats/cytr.htm</a></FONT><br></div>
<div><FONT FACE="Arial" SIZE=3> </FONT><br></div>
<div><FONT FACE="Arial" SIZE=3> [end]</FONT><br></div>
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