Harrisburg City Council Adopts 2012 Budget With 16 Percent Tax Hike

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.

Read more: http://www.pennlive.com/midstate/index.ssf/2011/12/harrisburg_city_council_adopts.html