$59 Million Pottsgrove School District Budget Brings 2.8% Tax Hike

 

Location of Lower Pottsgrove Township in Montg...

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

LOWER POTTSGROVE TOWNSHIP – Property taxes will rise by 2.8 percent in the Pottsgrove School District next year as the result of a 8-1 vote Tuesday by the Pottsgrove School Board.

The vote was the final word on the $58.9 million budget for the 2012-13 school year.

The board also voted to set a millage rate of 35.979 mills for the new fiscal year, an increase of .98 mills.

It will raise taxes by $35.98 for every $1,000 of assessed value, or about $118 for a home valued at $120,000, the district’s median assessment, Nester told The Sanatoga Post.

Read more: http://www.pottsmerc.com/article/20120629/NEWS01/120629285/-59-million-pottsgrove-budget-brings-2-8-tax-hike

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