Washington County Gives Developers a Tax Break

Summary


Washington County's Transportation Development Tax, which went into effect on July 1, will soon be lower. The Washington County Board of Commissioners on Tuesday voted 4-1 for a reduction of the tax rate.

The discount, scheduled to take effect before 2010, means developers will pay 20 percent less in TDT charges assessed on new, permitted residential and commercial development projects until July 1, 2010.

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Extract


Washington County Gives Developers a Tax Break

The discount will decrease to 10 percent after July 1, 2010, and then to 5 percent after July 1, 2011.

For Commissioner Andy Duyck, the rate reductio...

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