From Harford County government:
For the first time in the history of Harford County, the tax rate could fall below the Constant Yield.
County Executive David Craig’s proposed Fiscal Year 2012 reflects no increase in property taxes for county property owners and keeps the current tax rate at $1.042, which for the first time in the history of Harford County, falls below the Constant Yield.
Craig will announce his proposed FY 2012 budget during a briefing at 4 p.m. Friday in the Harford County Government Administration Building in Bel Air.
During his announcement, Craig is expected to be joined by Mary Chance, Director of Administration; Kim Spence, Chief, Budget and Management Research; and Kathryn Hewitt, Harford County Treasurer.