City of Baltimore - File #: 08-0010R

• File #: 08-0010R
• Version: 0
• Name: Informational Hearing - Report of the Mayor's Blue Ribbon Committee on Taxes and Fees
• Type: City Council Resolution
• Status: Adopted
• File created: 1/28/2008
• In control: City Council
• Final action: 3/3/2008
• Title: Informational Hearing - Report of the Mayor's Blue Ribbon Committee on Taxes and Fees FOR the purpose of inviting the Committee Co-Chairs and Members to share with the City Council the findings of the Mayor's Blue Ribbon Committee on Taxes and Fees on alternate revenue options and other viable measures that can be implemented to reduce Baltimore City's property tax rate over the next several years.
• Sponsors: Helen L. Holton, Stephanie President Rawlings-Blake, Robert Curran, William H. Cole, IV, Belinda Conaway, Agnes Welch, Edward Reisinger, Bill Henry, Sharon Green Middleton, Warren Branch, James B. Kraft
• Indexes: Fees, Resolution, Tax

Date	Ver.	Action By	Action	Result
3/3/2008	0	Taxation, Finance and Economic Development Committee	Recommended Favorably
3/3/2008	0	City Council	Adopted
2/6/2008	0	City Council	Referred for a Report
2/4/2008	0	Taxation, Finance and Economic Development Committee	Scheduled for a Public Hearing
1/28/2008	0	City Council	Introduced
1/28/2008	0	City Council	Assigned

* WARNING: THIS IS AN UNOFFICIAL, INTRODUCTORY COPY OF THE BILL.
THE OFFICIAL COPY CONSIDERED BY THE CITY COUNCIL IS THE FIRST READER COPY.
INTRODUCTORY*

CITY OF BALTIMORE
COUNCIL BILL R
(Resolution)

Introduced by: Councilmember Holton

A RESOLUTION ENTITLED

A COUNCIL RESOLUTION concerning
Title
Informational Hearing - Report of the Mayor's Blue Ribbon Committee on Taxes and Fees

FOR the purpose of inviting the Committee Co-Chairs and Members to share with the City Council the findings of the Mayor's Blue Ribbon Committee on Taxes and Fees on alternate revenue options and other viable measures that can be implemented to reduce Baltimore City's property tax rate over the next several years.
Body
Recitals

The Report of the Mayor's Blue Ribbon Committee on Taxes and Fees, released on December 5, 2007, is the work of a 26-member group of civic leaders who were appointed to review the City's property tax rate and charged with developing options City officials might consider to reduce the City's tax rate that, at the 2008 rate of $2.268 per $100 of assessed value, is 2 times that of neighboring subdivisions.

The Committee studied the current composition of the City's major revenue sources and property tax structure, conferred with experts in municipal finance and property tax assessment, and utilized the proficiency and expertise of State and City officials and committee members in economic development, banking, commercial real estate, community leadership, law, and other fields.

The work product of the Mayor's Blue Ribbon Committee on Taxes and Fees is a menu of alternative revenue options and other measures that ...