Montgomery County Residents May See 5.1% Tax Reduction

It’s not often we get to talk about tax reductions…

Montgomery County property owners likely will get a tax reduction for a second straight year in 2008.

County commissioners on Monday introduced a county budget with a 5.1 percent property tax reduction, which would cut tax bills an average of $24.20.

The proposed decrease comes a year after the commissioners approved a 1.7 percent tax rate cut.

Commissioners plan to put the proposed $483.8 million budget to a final vote Dec. 20 and don’t anticipate making major changes before then, county spokesman John Corcoran said.

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