Harrisburg City Council tonight adopted a $54.3 million 2012 budget that includes a 16 percent real estate tax hike for homeowners.
The increase will tack on $50 to $100 in real estate taxes for most property owners. A person whose property is assessed at $50,000 would pay $40 more annually in property taxes. Property owners with houses valued at $100,000 would pay an additional $80 in taxes per year.
Council’s budget cuts spending by $1.2 million compared to the $55.5 million plan Mayor Linda Thompson introduced last month. Thompson’s proposal also included a 16 percent tax hike.