Key takeaways from the proposed College Park city budget
City manager Kenny Young’s proposed budget is $27,483,782, compared to a $24,796,405 budget in the 2024 fiscal year.
Potential College Park tax rate increase could fund rent subsidies, business grants
For each cent the tax rate is raised, the city could receive around $175,000 additional revenue, according to city documents.
College Park City Council clears up confusion surrounding property tax rate at town hall
The council will be voting on the proposed budget for the 2021 fiscal year on May 26.