College Park passes budget for upcoming year

Council votes to raise property tax rates

College Park adopted its fiscal year 2025 budget on May 21, 2024 in a unanimous vote. The budget raises property taxes for the first time in a decade, according to College Park mayor Fazlul Kabir, though the final rate is lower than what was initially proposed. The new residential property tax rate is 33.5 cents per $100 of assessed value, up from 30.18…