State reassesses property values
Carson reports that Baltimore saw the biggest jump, a 25 percent average annual increase -- "more than four times Montgomery County's 5.4 percent annual growth in expensive communities such as Potomac and Chevy Chase."
Most of the Baltimore metropolitan-area counties were closer to the statewide average of 11.1 percent growth per year for three years. That's significantly lower than last year's average annual increase of 18.7 percent, or the peak 20.1 percent jump at the end of 2005. State assessors examine one-third of each jurisdiction's properties each year, then phase in the increases.
Howard County's increase was 8.1 percent for the rural third covered by these notices, while Baltimore County's central section -- from the city line to Pennsylvania -- showed a 10.9 percent increase. Northwestern Anne Arundel's values were up 11.6 percent, while Harford's central region was up 12.9 percent and Carroll County's northeastern third rose an average 12.5 percent.
Monday's How-to post will focus on assessments and appeals. 'Tis the season.