Regions Midatlantic
Budget to Save Commercial Property Holders $21M in  D.C.
May 16, 2008

Commercial property holders in Washington, D.C. will save $21 million in savings for the year beginning in October following the D.C. Council's  passage of its 2009 budget, Washington Business Journal reported. The Council engaged a formula for lowering property taxes, but reduced savings for 2009. As a result, D.C. commercial property owners will pay $1.65 per $100 of assessed value, down from the usual $1.85, for the first $3 million of property they own.

 
Recent Midatlantic Headlines
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