Nurture a Business Friendly Environment
The current Baltimore City property tax rate—more than double any other jurisdiction in Maryland—is a killer to growth and investment. A high priority of the Stokes Administration will be a 40-50 percent reduction in the tax rate over a 5-8 year period.
This rate reduction will be “earned” through a corresponding increase in the City’s revenue base, implemented responsibly without cutting investments in critical programs, like education. To address the current mess of a system where undervaluation and tax breaks are everywhere, the new policy will focus on making the system fair and equitable while promoting new investment.
TRANSIT AND TRANSPORTATION
The Stokes Administration will collaborate with Maryland Department of Transportation (MDOT), the Central Maryland Transportation Alliance (CMTA) and Transit Choices strategy to establish an action agenda for improved transportation and transit in the region and, most importantly, in Baltimore’s impoverished neighborhoods. A comprehensive transit system will grow jobs and investment while better linking workers to those jobs.
HIGH SPEED INTERNET SERVICE
High speed, reliable and affordable internet service is essential to a prosperous community. The Stokes Administration will work with major service providers to develop strategies to expand free and reduced cost service.
REGULATIONS, LICENSING AND PERMITTING
A responsive government is one of the most important ingredients to attracting and retaining business while growing investment. The Stokes Administration will establish a Blue Ribbon Task Force of business, government, institution and community representatives to evaluate how best to expedite City processes and create a customer friendly City.