FY 23 Approved Budget Book

AN OVERVIEW OF HARFORD COUNTY, MARYLAND

TAX RATES

Harford County Maryland

Corporate Income Tax (2020) Personal Income Tax (2020)

none

8.25%

3.06%

2.0%-5.75%*

*Graduated rate peaking at 5.75% on taxable income over $300,000 Sales and Use Tax (2020)

none

6.0%

Exempt sales for resale; manufacturer’s purchase of raw materials; manufacturing machinery and equipment; purchases of materials and equipment used in R&D and testing of finished products; purchases of computer programs for reproduction or incorporation into another computer program for resale. Real Property Tax (FY 23) 0.9779 Effective rate per $100 of assessed value. In addition, there are some miscellaneous taxes and/or special taxing areas in the County. In an incorporated area, the County rate will vary and municipal rates will also apply. Business Personal Property Tax (FY 22) Rate per $100 of depreciated value. Exempt manufacturing and R&D machinery, equipment, materials and supplies; manufacturing R&D and warehousing inventory. In an incorporated area, the County rate will vary and municipal rates will also apply. Major Tax Credits Include the Enterprise Zone, Job Creation, More Jobs for Marylanders, R&D, Biotechnology and Cybersecurity Investment and the Arts and Entertainment District

$0.112

$2.1033

none

SCHOOLS AND COLLEGES

Public Schools There are 33 elementary schools, 9 middle schools and 10 high schools in Harford County. Additionally the John Archer School is a public special education school serving students with disabilities in Harford County; and the Alternative Education at the Center for Educational Opportunity is a continuation of education services to students who have experienced crisis. Enrollment in Harford County Public Schools for the 2021-2022 school year was 37,920 students.

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