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2. 4 Allegany County, MD FY 2016 Proposed Tax Rates NO INCREASE IN RATES Income Tax Rate3.05% Real Property Tax Rate [Reduced 1/10 of $ 0.01]$0.9780 Recordation Tax$3.50 Homestead Tax Credit7%

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4. 6 FY 2016 General Fund Budget Revenue Comparison Items in Red indicate a decrease in revenue from FY 2015 Original Budget

5. 7 Allegany County, Maryland FY 2016 General Fund Budget Total Budget Revenues $84,577,664

6. 8 FY 2015 VS FY 2016 General Fund Expenditures

7. Allegany County, Maryland FY 2016 General Fund Budget Total Budget Expenditures Equals $ 84,577,664 WHERE IS YOUR TAX DOLLAR SPENT? 9

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10. 12 Total Transfer $3,715,834 Allegany County, MD General Fund Debt Service Transfer FY 2016 Budget

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14. ALLEGANY COUNTY, MARYLAND There will be preliminary budget hearings for public input on May 7, 2015 and May 14, 2015. This document is available online at www.gov.allconet.org www.gov.allconet.org The Capital Improvement Program will be presented May 7, 2015 Please feel free to email any questions about this document to finance@allconet.org Budget Adoption is scheduled for May 28, 2015. 16