Cambridge, Maryland, Seniors Receive Property Tax Credit Amidst Warnings of Rising Utility Costs
In Cambridge, Maryland, city leaders have reinstated a 10% property tax credit for eligible senior homeowners. This comes as City Manager Glenn Steckman has advised residents to prepare for potential increases in utility bills, estimated to be between $5 and $10 per month. The property tax credit, championed by Mayor Lajan Cephas-Bey, is available to residents aged 65 or older who qualify for Maryland's Homeowners' Property Tax Credit program, which is income-based. Only a homeowner's primary residence is eligible for this credit. The anticipated rise in utility costs is linked to a comprehensive review of Cambridge's utility system, including a water and sewer rate study aimed at identifying necessary infrastructure upgrades. Financial strain on the sewer fund due to debt payments for major projects, such as the Trenton Street Pump Station, and long-standing wastewater and stormwater issues, including combined sewer and wastewater pipes, are contributing factors to the potential bill increases.
