Limerick Township Budget To Fund More Police

Location of Limerick Township in Montgomery County (Photo credit: Wikipedia)

LIMERICK — Township residents will see their taxes increase slightly this year as the board of supervisors voted to approve the proposed budget with no changes.

Although taxes will increase 25 percent, as they did in 2012, the raise is actually less than half a mill.  The rate went from 1.516 mills to 1.895, meaning a property in the township assessed at $150,000 would have a year-total tax increase of $56.85.

The $8,010,752 budget was approved 3-1 at a Dec. 18 meeting.  Thomas J. Neafcy Jr. was the sole vote against the budget. Kenneth J. Sperring Jr. was not at the meeting, according to township manager Dan Kerr.

Read more:  http://www.pottsmerc.com/article/20130103/NEWS01/130109881/limerick-township-budget-to-fund-more-police#full_story

Lower Providence’s Final 2013 Budget Adopted With No Tax Increase

Location of Lower Providence Township in Montgomery County (Photo credit: Wikipedia)

LOWER PROVIDENCE — The final, $9,557,713 2013 budget was unanimously adopted Thursday night by the Board of Supervisors with no increase in the township’s 1.512 mill real estate tax rate.

For a homeowner with a home assessed at the township average of $167,022, the 1.512 mill tax rate translates into a township tax bill of $252.54.

The township will use the $730,023 fund balance from the 2012 budget to balance the 2013 budget, said Township Manager Richard Gestrich, when the preliminary budget was adopted in mid-November.  To give the township budget some operating capital while tax revenues are trickling into the township accounts during 2013, the board also approved transferring $425,000 from the unrestricted capital account.

“At the end of the budget year we will need the balance of the $425,000 to get through the end of the year,” Gestrich said.

Read more:   http://www.timesherald.com/article/20121221/NEWS01/121229902/lower-providence-s-final-2013-budget-adopted-with-no-tax-increase#full_story