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Prince George's County has pulled the trigger on its net taxable income proposal, a complicated budgetary issue that Montgomery County delegates had warned could cause friction between the neighboring jurisdictions. Or, at least, it has kind of pulled the trigger.
Prince George's officials have been quietly pushing for a few years to change the annual date when the state looks at federal income tax returns to decide each jurisdiction's wealth. The calculation is key because it helps determine how much state aid each county receives. If the date were changed, Prince George's would get a lot more aid; Montgomery would get less.
For Pr. George's and Montgomery, Bill Could Mean Best of Both Worlds - washingtonpost.com
Seeded on Thu Feb 19, 2009 6:41 PM EST
Article Source: The Washington Post- Enjoy this article? Help vote it up the 'Vine.
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