LIMERICK TOWNSHIP, PA — In a close vote, the township supervisors voted at Tuesday night’s meeting to advertise a proposed budget with a small property tax increase.
The $23,734,327 budget carries a tax increase of 5.75 percent to close a funding gap of $157,720. An owner with a property assessed at the township’s average of $150,000 would see a $16 increase on their tax bill yearly.
As such, the town’s mill rate would stand at 2.004.
The dividing line on the 3-2 vote was whether to close the funding gap using reserves or with a tax increase.
Read more: http://www.pottsmerc.com/general-news/20131119/slight-tax-hike-projected-in-2014-limerick-budget