Has Wicomico County’s revenue tax cap run its course?
The Greater Salisbury Committee will be conducting a study to take a look at the measure’s impact 17 years after it was approved by voters.
The cap limits property tax revenue to a two percent increase or the Consumer Price Index whichever is less.
The Salisbury Daily Times notes that the CPI has not been above the 2 percent mark over the last half decade.
Mike Dunn, the committee’s CEO, told the paper the organization believed it was time to take a look at the cap.
Memo Diriker, director of the Business Economic and Community Outreach Network on the Salisbury University Campus, will be conducting the study.
The results will eventually be presented to the County Council.
In order to change the cap the council would have to amendment the county charter.
