If you are an owner of a home in Montgomery Village, you should be informed that the Montgomery Village Foundation has begun the process to try to increase assessments. The foundation is trying to do this by asking village representatives to vote in favor of a $4.32 annual increase of the assessment ceiling. Currently there is an increase in the monthly assessment amount for 2011 of 36 cents for all owners of Montgomery Village Maryland homes, and if you use the community pools, or other community facilities your monthly increase would be 67 cents.
The increase of the property assessment for 2011 will allow the town to pay for $ 126,000 in improvements for the town. Some of these improvements include a farmers market, community gardens, and fountains for the pool areas.
Representatives from each of the communities in Montgomery Village still must meet to decide whether to pass this increase to the housing assessment. There will also be an informational meeting for community members this month, and the vote to decide will be in early October. So the board can have the assessment set by late October. As it stands now, the current assessment fee for Montgomery Village home owners is $20.18 per month, and if you pay to use the community facilities your rate jumps to $23.94 per month.
