Cumberland Times-News

Latest news

December 9, 2013

Garrett County faces bleak financial forecast

OAKLAND — The Garrett County financial forecast for fiscal 2015 looks bleak due to the fact that the county is facing a total projected loss of $5.4 million, according to a news release.

A previous estimate of a $2.5 million projected loss of real property tax revenue has increased by $700,000, to $3.2 million, based on the revision of assessable base calculations, according to Monty Pagenhardt, county administrator. On Nov. 30, the Maryland Department of Assessments and Taxation produced valued assessable base calculations that confirmed the projected loss in real property tax revenue. This additional loss, coupled with the loss of $2.2 million in revenue for the Garrett County Public School System, equates to a total projected loss of $5.4 million.

The contraction of property tax revenue over the past three fiscal years equates to a loss of actual revenue of $2.8 million or 5.85 percent, according to a news release.

At this point there is nothing that can be done to alleviate the dire financial loss, according to Pagenhardt.

In order to help close some of the gap, Garrett County Public Schools is proceeding with the school closure process for Crellin, Friendsville and Route 40 elementary schools. Even if three schools are closed, grades in the northern schools are reconfigured and school boundary lines are adjusted, it won’t be enough to close the $2.2 million budget gap, according to Paul Swanson of Facility Engineering Associates. Swanson noted his finding during a presentation of the elementary school facility needs assessment and master plan study in October.

Pagenhardt, along with the commissioners and senior staff with the department of financial services, has been working on long-term budgetary planning and a budget proposal that will be presented publically, according to the news release. A this point, a date for the budget presentation hasn’t been determined and the goal is to figure out a date in the next few weeks, according to Pagenhardt.

“A lot is still not final but we do know we have to react to the realistic deficit numbers,” said Pagenhardt.

The commissioners have reviewed a fiscal 2014 to 2017 structural deficit model that includes estimated revenue, operating expenses and capital outlay/projects, according to the news release. This forecast and assumptions for appropriating public funding for all county government departments, component units and offices will be part of the public presentation that will disclose a preliminary fiscal 2015 budget to include the appropriation level for the school system.

For more information on the assessable base estimates, visit http://www.dat.state.md.us/.

Contact Elaine Blaisdell at eblaisdell@times-news.com.

1
Text Only
Latest news
  • Four DUI at Pa. sobriety checkpoint

    A sobriety checkpoint and roving patrol by Pennsylvania State Police resulted in four arrests for DUI Friday on state Route 281.
     

    April 20, 2014

  • Springs, Pa., man missing since Jan. 6

    SPRINGS, Pa. — Pennsylvania State Police are seeking help to find a Springs man missing since Jan. 6.

     

    April 19, 2014

  • Man charged with handgun crime

    Timothy Hart Winkler, 30, Grantsville, was arrested by city officers early Friday after a complainant and a witness said he pulled a handgun during an argument in front of 124 Seymour St.
     

    April 19, 2014

  • Redman.asp.jpeg Moorefield man jailed on felony drug count

    KEYSER, W. Va. — A Moorefield man was arrested on various charges Thursday, including a felony drug offense for possession of amphetamines, according to the Keyser Police Department.

    April 18, 2014 1 Photo

  • City woman charged in domestic call

    CUMBERLAND — A city woman was arrested Thursday evening after Cumberland Police investigated a domestic assault complaint in the 100 block of Pennsylvania Avenue.

    April 18, 2014

  • Carlton.jpg Arrest made in alleged drug deal

    CUMBERLAND — A 25-year-old city man was arrested Thursday night after Cumberland Police observed him allegedly taking part in a drug deal on Columbia Street.

    April 18, 2014 1 Photo

  • Sheriff warns of scams targeting taxpayers

    CUMBERLAND — Allegany County Sheriff Craig Robertson cautioned residents Thursday to be aware of continuing telephone scams that are targeting taxpayers.

    April 17, 2014

  • DSC_0446.JPG Oakland returns to normal after tanker accident

    OAKLAND — Nearly 12 hours after a propane tanker overturned in the heart of its business district, the town of Oakland returned to normal early Wednesday night.

    April 17, 2014 1 Photo

  • New River Gorge bald eagle dies from injuries

    CHARLESTON, W.Va. (AP) — A female bald eagle that nested in the New River Gorge has died from injuries suffered last month when she was hit by a train and later by a vehicle.
     

    April 17, 2014

  • 10 things to know for today

    Your daily look at late-breaking news, upcoming events and the stories that will be talked about today:
     

    April 17, 2014

Raw: More Than 100,000 Gather for Easter Sunday Raw: Greeks Celebrate Easter With "Rocket War" Police Question Captain, Crew on Ferry Disaster Raw: Orthodox Christians Observe Easter Rite Ceremony Marks 19th Anniversary of OKC Bombing Raw: Four French Journalists Freed From Syria Raw: Massive 7.2 Earthquake Rocks Mexico Captain of Sunken SKorean Ferry Arrested Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Pope Presides Over Good Friday Mass Raw: Space X Launches to Space Station Superheroes Descend on Capitol Mall Man Charged in Kansas City Highway Shootings Obama Awards Navy Football Trophy Anti-semitic Leaflets Posted in Eastern Ukraine Raw: Magnitude-7.2 Earthquake Shakes Mexico City Ceremony at MIT Remembers One of Boston's Finest Raw: Students Hurt in Colo. School Bus Crash Deadly Avalanche Sweeps Slopes of Mount Everest
Facebook
Must Read
House Ads
NDN Video
Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday
NDN Video
Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday