Read the above script. I’ve copied and pasted this from http://www.cheverly-md.gov/Pages/CheverlyMD_Budget/FY18Audit.pdf
In the link above we can find more information inside the document on our financial state in Cheverly. This is how we ended 2018—with a 3 million dollar balance, 1.8 million unaccounted for in 2019. What does this mean for us? It means we need to VOTE in our town election on May 6th. We have two women running for mayor: Elizabeth MacKenzie and Laila Riazi. When asked if they would raise our taxes this week in a forum this week, we can listen to what they said at the 1:13 mark: http://cheverlymd.swagit.com/play/04102019-996
When asked why we should vote for them for Mayor, go to the 1:35 mark: http://cheverlymd.swagit.com/play/04102019-996
And if you have time, listen to the entire forum. It is quite interesting and prompted me to write this post. We have to be informed.
This is just the beginning of more posts I will be bringing to us about this election. Stay informed, friends. 1.8 million is at stake.
Thanks for sharing!
The understanding of taxes here is a very stark difference. Our property taxes are not 51 cents on the dollar! That would be insane! Rather, our RATE is .51. In addition, the taxes paid by Cheverly Station Apartments are paid by a multi-million dollar corporation. To compare that with the taxes that individual homeowners pay is ridiculous.
We do have about $1.5 million in fund balance that is outside of our “rainy day fund.” By good governance standards we should have $1.5 in the bank for emergencies. That additional approx. $1.5 needs to be used for our needs and invested for our community, as Laila laid out, this needs to be a conversation among our community of what we want to do.
Thanks Aimee! So helpful. Lots at stake here.