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Berlin Residents Could Get Break On Property Taxes

 

           Property owners in Berlin could see a 5 cent cut in their tax rates under the budget proposed by Mayor Gee Williams.

            He wants to cut the tax rate from 73 cents to 68 cents per $100 of assessed property value.

            The Salisbury Daily Times reports that the reduction would mean around $100 less in property taxes for the average Berlin resident.

            Williams says the proposed cut was possible for the third year in a row because the town has a budget surplus of more than a half-a-million dollars.

            The cut is expected to reduce town revenues by $102-thousand with the $13.3 million budget expected to be two percent lower than last year.

             

Don Rush is the News Director at Delmarva Public Media. An award-winning journalist, Don reports major local issues of the day, from sea level rise, to urban development, to the changing demographics of Delmarva.