County Explains Property Tax Bills, Lists Relief Credits

Council President Natali Fani-González released a video message and informational guide on July 23, 2026, explaining why Montgomery County property tax bills may look different this year. The County did not raise property tax rates, but eliminated the flat-rate Income Tax Offset Credit (ITOC), which cost approximately $140 million annually, as part of a shift to a progressive income tax structure. Several tax credits remain available to eligible homeowners, including the Homestead Tax Credit, Senior Property Tax Credit, and the State Homeowners Property Tax Credit (HOTC).