February 7, 2017
Folks,
The State (DNR) owns approximately 90,000 acres of land in Garrett County which is not subject to property taxes for the county due to state ownership. The current means to recoup some of the lost property taxes is to provide the county with 25% of the revenue obtained from the sale of timber on this land. For the last several years, however, very little timber has been harvested so the revenue coming to Garrett County has been very low. This process currently exists throughout Maryland for all counties in which the state owns land that cannot be taxed.
To remedy this situation and insure a fair amount of revenue, consistent with the amount of acreage owned by the state, this bill will provide a more equitable reimbursement of funds to Garrett County for land owned by the State of Maryland. The proposed bill breaks down the acreage into “units” of 10,000 acres and would mandate $250,000 per unit income to the county annually. SB273 will make the County’s reimbursement approximately $2 million annually. SB273 is being heard by the Senate Budget & Taxation Committee on Wednesday, February 15 at 1:00 p.m.
Please send written testimony to George.edwards@senate.state.md.us by February 14, asking the Budget & Taxation Committee to give SB273 a FAVORABLE REPORT, and indicate if you plan to testify in person. Senate Bill 273 (SB 273) may be seen
here. The existing system related to timber would no longer be used.
Your POA supports this bill because it is a fair way to reimburse the county for taxes that currently cannot be collected, and asks that you consider sending a written testimony of endorsement.
Thanks very much in advance for your support on this bill which, if passed, will insure Garrett County is fairly reimbursed for uncollectable tax revenue.
Cheers,
Bob Hoffmann
President
For more information, click here.
Comments
comments
Published by
Jay Ferguson
Who I Am
My name is Jay Ferguson, and I am a lifelong resident of the Deep Creek Lake area. I am also co-owner of the real estate side of Taylor Made. I have been in the real estate business for 21+ years now and I LOVE what I do! I have to say, my career really took off when I co-founded the real estate side of Taylor Made in 2014. Its been an amazing experience, building a real estate company from the ground up and achieving so much so quickly! In August 2016, we purchased Long & Foster Real Estate Deep Creek, where I had started my career in 2000. In 2018, we on-boarded virtually every agent from Coldwell Banker Deep Creek Realty as they closed up shop and the real estate family grew even more! We now have over 40 sales agents and have expanded to West Virginia and Pennsylvania, as well. Taylor Made is the #1 vacation rental company at Deep Creek with over 475 vacation rental homes, and over one hundred thousand yearly visitors. Its amazing what we have accomplished using the principles of honesty, teamwork and customer service!
Personally, my wife Jessica and I enjoy traveling and especially spending time in the outdoors, hiking and exploring the many diverse areas that Garrett County is naturally blessed with. We have raised two wonderful children here, Kayleah (22) and Noah (13). In the summer, we love spending time on the water with friends & family and enjoying the lake life! We are both active in our church, our community & local school activities, and we fill our schedule with plenty of volunteer efforts. I currently serve on the board of directors for Habitat for Humanity. I am proud to say that I was named Deep Creek Time’s Favorite ‘Community Champion’ in 2019. I was also named Garrett County Realtor of the Year in 2018-19, as well.
I really enjoy promoting my hometown. I am very proud of the resort area that has developed over my lifetime and look forward to growing the area even more! Deep Creek Lake has been described as ‘The Lake Tahoe of the east', and I think that speaks volumes about the potential to own property here! Deep Creek Lake isn't really a town or city by itself; it's comprised of three towns: Oakland, Swanton & McHenry, Maryland. I am very passionate about my hometown and am impressed with how many people know about it as we travel around the country. Deep Creek Lake is an amazing place to visit and even better place to live! During the pandemic in 2020, our market exploded and more and more people left their primary residence in the city to live here permanently. With distance learning in schools and tele-commuting becoming the ‘norm’, many more people were drawn to the area to ‘live where they love to play’.
Why You Want Me Working for You: In addition to being an owner, I am consistently one of the top-producing agents in the entire area and the Associate Broker of record for Taylor-Made Deep Creek Vacations & Sales. I have 21+ years of experience and I am a problem solver. There aren’t many situations that I have not encountered and I have a strategy for almost every scenario that you may encounter. I
have extensively trained in all areas of real estate & emerging technologies, and also have trained as an appraiser, as well as served as a full-time Broker. I have a strong knowledge of the industry, as well as many trusted local contacts & affiliations that allow me to perform at a very high level and deliver results. I have a great deal of respect for my peers in this industry and have strong working relationships that I would love to put to work for you.
Call me to discuss your situation - I know I can be of great service to you & others you care about!
Honesty. Integrity. Results.
View all posts by Jay Ferguson
