Bucks County Commissioners voted 2-1 to approve a 2012 budget that will increase taxes by 5.7 percent. The millage rate will rise to 23.2 from 21.942. The owner of a home assessed at the county average of $35,800 will pay $830 in county property taxes, an increase of $45 over last year. The tax increase is the first in six years, with the county using $8 million from its rainy day fund to balance the budget last year. The current plan calls for using $1.875 million from reserves to aid in balancing the budget.
Source: The Intelligencer; 12/22/2011
Newtown Borough taxes up 50 percent
Newtown Borough officials passed a 2012 budget that includes a 50 percent increase in municipal property taxes. Mayor Dennis O’Brien was forced to cast a tie-breaking vote for final approval of the $2.37 million budget. A homeowner with a property assessed at the borough average of $42,000 can expect a $129 tax increase for a total borough property tax bill of $380. The tax rate is set at 9 mills, up from 6 mills in 2011, with one mill equaling a tax of $1 for each $1,000 in assessed property value. The borough will also use $60,000 in savings to help balance the budget.
Source: The Advance; 12/14/2011
Centennial school budget tops $100 million
The Centennial School Board voted to make the proposed 2012-13 preliminary budget available for public viewing on Jan. 4. The $100.2 million plan is the largest budget in school district history. The board still needs to work on covering a $3.8 million budget deficit and does not yet know if it will apply for exceptions to exceed the 1.7 percent tax increase allowed by state law. A 1.7 percent increase would increase the tax bill for the average home by about $51. The proposed preliminary budget will be available for 20 days prior to adoption which is set for Jan. 24.
Source: Courier Times; 12/14/2011
Upper Southampton approves budget
Supervisors in Upper Southampton approved a $3.8 million final budget that holds the line on property taxes for 2012. The property tax rate will remain at 21.88 mills, which amounts to a tax bill of $623 on the average township home assessed at $28,488. Upper Southampton residents will pay 10 percent less in trash collection fees due to a new contract with the trash hauler. The budget is available to view on the township website.
Source: Courier Times; 12/21/2011
Hilltown hires manager; passes budget
The Hilltown Township Board of Supervisors recently appointed Richard C. Schnaedter as the new township manager. A national search generated a pool of 40 applicants. Schnaedter has 25 years of experience in public administration and was most recently manager of Forks Township in Northampton County, PA .The supervisors also approved the 2012 budget that maintains the current township property tax rate of 8.75 mills. Click here to visit the HilltownTownship website.
Source: Perkasie News Herald; 12/13/2011
Langhorne taxes steady
Langhorne Borough council adopted a 2012 operating budget that maintains the current property tax level. Although the $382,647 budget is $15,000 higher than last year, council believes the difference will be made up through increased revenue from business privilege taxes, real estate transfer taxes and building permits. The borough property tax rate of 12.2 mills equates to a property tax bill of $278 for the average home assessed at $22,800.
Source: PhllyBurbs.com; 12/21/2011
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