by Laura Rammelsberg
Informal notes on the Prince George’s County Council Town Hall Meeting that was held on February 21, 2017.
This is the first meeting in a series of meetings discussing the FY2018 Budget and the fiscal future of Prince George’s County. There will be more public hearings in the coming months.
Council Members in Attendance: Mary Lehman (District 1), Deni Taveras (District 2), Dannielle Glaros (District 3), Andrea Harrison (District 5), Mel Franklin (District 8), Obie Patterson (District 9)
Resources and materials:
- Town Hall Meeting Agenda (PDF)
- FY 2018 Budget Process Presentation (PowerPoint)
- Office of Management and Budget Financial Overview Presentation (PDF)
- Blue Ribbon Commission on Structural Deficit, Final Report Briefing(PowerPoint)
- Watch video of a portion of the meeting here.
Highlights of the Meeting:
The county has not recovered from the recession yet. Structural deficit will grow over the next six years.
Projected annual budget gap is $28 million to $229 million between FY2018 and FY2023, even after accounting for MGM Revenues.
There are three unique constraints on the county, which no other Maryland county has in this combination. The Blue Ribbon Commission on Addressing the Structural Deficit recommends the following:
- Repeal TRIM (Property Tax Cap)
- Repeal Question I, which prohibits levying new taxes without a public referendum.
- Maximize use of Homestead Tax Credit Cap (this cap is most restrictive in the State of Maryland). The County is losing $56-60 Million a year from the Homestead Tax Credit every year.