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Morriss: Change in Property Tax Rates Unlikely

February 19th, 2021 by WCBC Radio

With work set to begin on the FY 2021-2022 budget, early indications are that Cumberland city officials will leave the property tax rate unchanged this year. Obviously, the Coronavirus pandemic has had a tremendous impact on the city’s fiscal situation with Mayor Ray Morriss telling WCBC News this week that property assessments- despite a strong real estate market- have gone down…