Lower Swatara Township residents could see their first increase in real estate taxes in eight years for 2013, a large one of 35 percent.
Township commissioners spent nearly two hours on Wednesday night mulling over how to solve a $332,404 deficit within the municipality?s $5 million budget proposal.
Commissioner Michael Davies, chairman of the Finance Committee, recommended a 0.75 mill tax increase for the general fund, which is now 2.5 mills, and a 0.22 rise to the fire tax, now 0.27 mills.
Davies said a mandated $250,000 contribution increase to the state retirement pension system is a leading cause of the deficit. Commissioners also wrestled with whether to hire at least three police officers.
Commissioners plan to vote on a tentative budget at 7 p.m. Nov. 21. A final vote is scheduled for Dec.19.
WHAT IT MEANS:
?A 0.97-mill tax increase means that the owner of property assessed at $100,000 would pay an additional $97 annually for a total of $324.
Source: http://www.pennlive.com/midstate/index.ssf/2012/11/lower_swatara_township_commiss_8.html
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