|Stephen Groh, Director of Financefirstname.lastname@example.org||240-487-3510|
|Leo L. Thomas, Jr., Deputy Dir. of Financeemail@example.com||240-487-3511|
|Sarah Price, Information Technology Mgr.||firstname.lastname@example.org||240-487-3528|
|Tracey Clayton, Billing/Collections Supervisoremail@example.com||240-487-3512|
The Department of Finance is responsible for accounting and reporting of the City's financial operations, preparation of the operating and capital budgets, billing and collections, payroll services, purchasing, information systems and related functions. The department coordinates the annual certified audit, and prepares the Uniform Financial Report ("UFR") for filing with the State of Maryland and the Comprehensive Annual Financial Report ("CAFR"). The City has been the recipient of the Government Finance Officers Association ("GFOA") Distinguished Budget and Excellence in Financial Reporting awards for its budget and CAFR for many years.
Unpaid parking tickets may also be paid to Parking Enforcement (at same address), 5:00 p.m. to 7:00 p.m., Monday-Friday, and 1:00 p.m. to 5:00 p.m., Saturday, except City holidays.
Credit card payment of parking tickets is available by telephone at 240-487-3509 during Finance office hours (8:00 a.m. – 5:00 p.m., weekdays); and at 240-487-3520 during Parking Enforcement extended office hours (5:00 p.m. – 7:00 p.m. weekdays and 1:00 p.m. – 5:00 p.m. Saturdays). No receipt is mailed for telephone credit card payments; however, you will be provided with the credit card reference number to verify your payment.
To pay parking tickets online, click here.
PROPERTY TAXES AND FEES
Real Property Tax
All real property in the State of Maryland is assessed by the State Department of Assessments & Taxation (“SDAT”) on a triennial basis. Since October 1, 2000, the taxable assessment is 100% of full value. There are 2 assessment districts in the City, which are on different cycles of the triennial assessment. The City’s real property tax rate is set annually by Mayor & Council as part of the adopted budget for the succeeding fiscal year. The real property tax rate for fiscal year 2014 (July 1, 2013 – June 30, 2014) is 33.50 cents per $100 of assessed valuation.
Prince George’s County collects all real property taxes for the City of College Park as part of the County’s consolidated tax bill, issued annually on July 1. For property owners within the corporate limits of the City, tax relief is provided in the form of a “tax differential”. This is a reduction in the County tax rate for services provided by the City, which are not required to be provided by Prince George’s County. In addition, owner-occupied properties receive the benefit of the “homestead tax credit” which limits assessment increases each year to specified percentages (City 4%, County 0%, State 10%).
The links below provide access to assessment and property tax information for all properties in the City:
Personal Property Tax
City personal property tax is assessed annually, based on assessments provided by the State Department of Assessments & Taxation (“SDAT”). Furniture, furnishings, machinery, equipment and inventory are valued as of January 1 on an annual report and personal property tax return filed with SDAT; assessment and billing takes place during the following fiscal year. The City bills and collects its own personal property taxes. The personal property tax rate is set annually by Mayor & Council as part of the adopted budget for the succeeding fiscal year; the personal property tax rate for fiscal year 2014 (July 1, 2013 – June 30, 2014) is 83.80 cents per $100 of assessed valuation. SDAT bases its assessment on the depreciated value of the equipment, reduced approximately 10% annually to a 35% of value limit.
Other Fines and Fees
The Finance Department bills and/or collects other fines and fees from City businesses and residents, including parking ticket fines, vehicle booting fees, liquor licenses, occupancy permits, building permits, zoning application processing fees, animal licenses, municipal infractions, zone parking permits, Motor Vehicle Administration (“MVA”) registration fees and non-resident permits, refuse collection charges, and compost sales and delivery charges. In addition, the Finance Department provides billing services for Downtown College Park Management Authority (“DCPMA”) dues.