County Government Releases Preliminary Revenue Projections for Fiscal Year 2015

(Bel Air, MD) - - As Harford County Executive David R. Craig and his budget staff begin to craft the budget for Fiscal Year 2015, some preliminary revenue projections are beginning to come into focus. 

Property tax revenues are expected to be flat or slightly lower than in the current fiscal year, while income tax revenues are projected to show a marginal increase. In total, the preliminary revenue projections for Fiscal Year 2015 indicate a slight increase of approximately $7.6 million. The total approved revenues from all funds and sources in the current year’s operating budget amounted to $640.3 million. Read more...