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Are tax hikes on the table in Baltimore County? New executive Olszewski inherits a sobering financial forecast

Are tax hikes on the table in Baltimore County? New executive Olszewski inherits a sobering financial forecast

When Johnny Olszewski Jr. takes the oath of office Monday as the new Baltimore County executive, he’ll inherit a financial forecast for the county that could force him to consider raising taxes.

A new advisory report on county finances warns that Baltimore County cannot sustain its current rate of borrowing money for infrastructure projects.

Without significant changes — such as scaling back borrowing, raising taxes or forgoing pay raises for county employees — the county government risks having its credit rating downgraded, the report warns.

A ratings downgrade would make it more expensive for the county to borrow money to pay for construction of roads, schools, parks...

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