Baltimore City property taxes are very high, and there is an initiative called “Renew Baltimore” to try to get those property tax rates reduced over the next 10 years.
Currently, the Baltimore City property tax rate is 2.248%, which is more than double Baltimore County’s rate of 1.100%.
Renew Baltimore has a plan that would cut property tax rates almost in half through small increments over seven years.
If you live in Baltimore and are a registered voter in Baltimore City, there is a petition to sign to get this referendum on the 2024 ballot!
Here is a link to the background and petition and how to fill it out.
Learn more at renewbaltimore.org and join in if you are a Baltimore City homeowner who could benefit from lower property tax rates!
Thank you to Renew Baltimore for the image above!