On Thursday,  Wilmington City Council voted to approve a new property tax rate for the upcoming fiscal year. (Photo by David McBee)

Wilmington Council approves property tax rates amid reassessment fallout

Claudia EstradaGovernment, Economy, Government & Politics, Headlines, real estate

WILMINGTON —On Thursday,  Wilmington City Council voted to approve a new property tax rate for the upcoming fiscal year, as residents and lawmakers grappled with the fallout of a controversial reassessment conducted by Tyler Technologies. The approved ordinance establishes a bifurcated tax rate of 3.7413M for residential properties and 5.8276M for commercial properties for fiscal year 2025–2026. The city says …

creates a tax system for legal marijuana in Delaware. The Senate votes next. (Wesley Gibbs photo from Unsplash)

Delaware House approves marijuana tax bill

Sam HautGovernment, Headlines

The Delaware House of Representatives on Thursday passed a bill that creates a tax system for legal marijuana in the state. House Bill 2, which passed 27-13, is a companion bill to House Bill 1, which was passed by the House the other day and would legalize marijuana. HB2 next goes to the Senate. Gov. John Carney vetoed a similar …

a small clock tower in front of a house

Republican bill would increase senior property tax credit to $750

Charles MegginsonGovernment, Headlines

A Republican-backed bill to nearly double the tax break for senior citizen homeowners is pending action in the Delaware House of Representatives.  House Bill 287, sponsored by Rep. Kevin Hensley, R-Odessa, would increase the Senior School Property Tax Credit to a maximum of $750 annually. Currently, homeowners ages 65 and older are eligible for a 50 percent tax credit against …