Maryland to keep property tax rate steady at 21 cents
The Board of Public Works will set next year’s tax rate at 21 cents per $100 of assessed value for the eighth straight year, on a recommendation citing declining state debt from a high of 2.4 billion in 1983 to 2.09 billion today. The report notes the debt decline supports a hold on the levy. Maryland HMOs posted losses again, totaling 12.55 million in 1987, with major carriers Kaiser Permanente Lincoln National Aetna and Cigna among owners. The stock market saw gains as Dow rose 22.21 to 2037.30 amid positive economic outlooks, with broad advances and solid indices across NYSE NASDAQ and AMEX.
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Annapolis
Board of Public Works
Commission
Baltimore
Maryland
Department of Licensing and Regulation
Kaiser Permanente, Lincoln National
Aetna
Cigna
NEW York
NYSE
Wilshire Associates
Standard & Poor
S&p
Futures and grain quotes from Chicago Board of Trade
Chicago AP reports open high low and last prices for Wheat Oats and Soybeans May July Sep and Dec futures. Friday sales and open interest listed. Baker Watts provides over the counter quotes.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Fri
Penton
Seleuy
Baker Watts & Co
Frederick
Frederick Arts Center Foundation gains tax-exempt status
The Frederick Arts Center Foundation, a Frederick County nonprofit, received federal tax exempt status after a long, slow process. Executive director Charles Crum notes the designation enables grants and bulk postal rates, aiding fundraising for restoring the Mountain City Mill donated by the Delaplaine family and supporting the Delaplaine Arts Center.
MENTIONED IN THIS ARTICLE
Frederick Arts Center Foundation
Frederick County
Charles Crum
Delaplaine Arts Center
General Assembly
Frederick
Mountain City
Delaplaine
Maryland AG may join insurers antitrust suit over crisis
Maryland Attorney General J. Joseph Curran may join eight states in an antitrust action accusing 31 insurers including Lloyds of London and Mercantile Bankshares affiliates of conspiring to create an insurance crisis. The suit targets municipalities and businesses denied coverage and charged high rates during 1984 to 1986. States already filing include New York Massachusetts Texas and California.
MENTIONED IN THIS ARTICLE
Baltimore
Curran
New York
Massachusetts
Texas
California
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Bukshi
Moore Corp
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Sears
Sovran
Arts Foundation
Crum
Mr. Crum
Mercantile Bankshares Corp
Fredericktown Bank and Trust Co
Mercantile Bankshares
Poods
Rialiat
Ed Waters Jr
Chevy Chaseiss
Frederick Branch
Patrick Street
Hales
FCC
Joe Fair
Frederick Community College
Opossumtown Pike
Frederick, Marylane
SRA
National Bank Region No
Frederick County National Bank OF
Ibfs
ABE
Equity Capital
A. Patrick Linton
Miles M. Circo
Kenneth W. Rice
Bernard LE
Grove Directors