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Ordinance #544, an ordinance to appropriate
funds and estimate income in accordance with the budget adopted
for fiscal year beginning July 1, 2007 and ending June 30, 2008 set forth the following tax rates. This ordinance introduced May
21, 2007 was adopted June 4, 2007.
Rate of Taxation on Real Property
The rate of taxation on real property to be taxed within
the boundaries of the Town of Denton, Maryland for Fiscal Year 2008
has been established as:
Sixty Six Cents ($.66) on each one hundred ($100.00) of value for
the fiscal year beginning July 1 of each year.
Rate of Taxation on Business Personal Property
The rate of taxation on any personal property to be taxed by the Town of Denton is hereby established as
One Dollar and Fifty Cents ($1.50)
on each one hundred dollars ($100.00) of assessed valuation.
Rate of Taxation on Railroad and Utility Property
The rate of taxation on any railroad and utility property to be taxed by the Town of Denton is established as:
One Dollar and Seventy Cents ($1.70)
on each one hundred dollars ($100.00) of assessed valuation.
Service and Administration Fee collected by Caroline County Treasurers Office
That the rate of service and administrative fees on semi-annual billings assessed by the Caroline County Treasurers Office shall be established as
1.31% Service Fee and 10% Administrative Fee.
Taxes are based off of the assessment set by the State of Maryland Department of Assessments. If you have a question about your assessment you should contact the State of Maryland directly. The Town of Denton does not provide any abatements that are not authorized by the State of Maryland. All real property taxes are billed annually and collected by the Caroline County Treasurer's Office.
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