(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.