Gaithersburg to consider first tax cut in 14 years
Gaithersburg proposes a 197 fiscal year budget of 3,002,908 with a two cent reduction in the property tax rate from 55 cents per 100 of assessed valuation. A public hearing is set for 7:30 p.m. Monday May 21 in City Hall to discuss a capital program of 1,125,643 dedicated to roads, parks, and a new public service facility, while emphasizing a pay as you go approach and fee based funding.