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Residents speak for, against Wicomico County HORIZON Program


47abc
July 6, 2021
WICOMICO COUNTY, Md. – Wicomico County Council is weighing whether or not to move forward with their version of the HORIZON Program. The HORIZON Program is would provide tax incentives for developers who are looking to make Wicomico County their new home. Developers with large hotel or residential projects would continue to pay their base property tax rates. But as the projects grow and construction gets under way, their increasing property taxes would be controlled and slowly increased in steps.
Proponents say the program could bring a boom in business and benefit the county overall. “Our goal has been to develop downtown and bring our city back to life. That philosophy is beds and heads. With that comes businesses that grow the economy,” said Salisbury City Council member Muir Boda. “The idea is to develop them and turn them into properties that develop tax revenue. In Wicomico County we have the revenue cap. So, as tax revenue increases, ....

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