MontCo adopts 8 percent real estate tax hike

Montgomery County officials’ general fund operating budget for 2023 includes an 8 percent real estate tax increase.

The millage rate was set at 4.627 mills through a 2-1 vote.

According to The Reporter, the decision was criticized by some residents and Commissioner Joe Gale, the lone dissenter.

The increase comes on the heels of a $18.6 million “structural budget deficit,” according to Chief Financial Officer Dean Dortone, who recommended the increase’s estimated $19.6 million in revenue.

Dortone said that the property tax increase would add roughly $35 more per year for the average Montgomery County homeowner, and added that some financial assistance is available for qualifying residents.

Dortone also noted that 51 percent of the county’s revenue comes from real estate taxes, 38 percent from federal and state grants, and 11 percent from departmental earnings.

Many area residents criticized the $415 million Montgomery County Justice Center and other capital projects during December budget hearings, The Reporter wrote.

For more detailed coverage on the 2023 budget, financial assistance, and dissenting opinions, you can read The Reporter’s article here.