Tuesday, February 19, 2013
The Special Action Meeting was held Tuesday night in the Teaching/Learning Center in the Intermediate School.
The Upper Moreland Budget and Finance Committee held a Special Action meeting Tuesday to adopt the preliminary budget that would see an increase in real estate taxes for 2013-14. The 2013-14 Budget is in the amount of $57,160,250 representing a real estate rate of 27.38 mills, and 1/2 of 1 percent earned income and net profits tax on all residents earning at least $4,000 per year. For a home assessed by the county at a value of $127,250, homeowners would see an increase of $77.29 on their tax bill. The Millage increase represents a 2.27 percent increase from the previous year. And the Budget Expense will see an 3.37 percent increase. The Earned Income and Net Profits Tax will be adopted on all residents and inhabitants earning at least $4,…
Wednesday, December 21, 2011
Montgomery County Board of Commissioners approve final, $417.4 million budget for 2012.
The Montgomery County Commissioners approved a 2012 operating budget Wednesday that will increase the county's average property tax bill by about $80 per year. The $417.4 million budget preserves 2011 funding levels for Montgomery County Community College, the Montgomery County-Norristown Public Library, and the Elmwood Park Zoo. Each of those institutions had been threatened with severe reductions in county funding in a preliminary budget posted last month. "There's a certain threshold we must maintain in order to provide the services our citizens expect," Commissioner Bruce Castor said. "I'm loathe to vote for a tax increase, but I simply don't see how we can continue to provide the services the county is expected to provide without one…
Wednesday, December 14, 2011
Parks, library move off chopping block, but cuts still likely; 14.5 percent tax hike proposed.
A county budget compromise that includes both a tax hike and some funding cuts seemed increasingly likely Wednesday as the Montgomery County Commissioners continued to back away from a posted preliminary budget that would have gutted county government while eliminating funding for parks, the county library system and other programs. As drafted, the new approach would increase county property taxes to 3.085 mills, up 14.5 percent from the current rate of 2.695 mills. At that rate, the average Montgomery County property tax bill would increase by about $66 per year. The new tax revenue would be complemented by a 5.3 percent cut in general county expenditures and appropriations. Rather than being eliminated, the Parks and Heritage Services …
brian shannon
6:46 pm on Thursday, February 21, 2013
Pass this web site on: http://www.ptcc.us/arc021913.htm Elimination of property taxes, makes the school boards more responsible to the entire taxpayer base more ›