No Tax Increase in Lansdale's Balanced $31M Budget
Council voted unanimously Wednesday to pass the 2013 budget for the borough, with the millage rate remaining at 3.5 mills
Lansdale Borough Council unanimously passed a balanced $31.25 million budget Wednesday night, and holding taxes steady at 3.5 mills. “I thought everyone would want to attach their name to a ‘no tax hike’ (vote)," said council President Matt West. The millage rate in Lansdale remains at 3.5 mills. One mill yields $1 in revenue for each $1,000 of assessed value. For example, a homeowner with a house assessed in Lansdale at $123,000 would pay a property tax bill of $430.50 a year. Proposed expenditures and revenues stand at $31,249,000. For the Lansdale resident, 12.08 percent of his or her real estate tax bill goes to Lansdale. Montgomery County gets 10.88 percent of the bill and North Penn School District receives 77.04 percent of the bill…
Robert Willi
7:09 pm on Thursday, November 29, 2012
What I don't see is that the Borough has tried to get any Grant money for any of their projected projects. They could cut some of their spending on these projects with Grant money. more ›