Talk Of Wilkes-Barre Area Tax Hike Shifts To Needs For The Future

Map of Pennsylvania highlighting Luzerne County

Map of Pennsylvania highlighting Luzerne County (Photo credit: Wikipedia)

WILKES-BARRE, PA  — While the Wilkes-Barre Area School District budget committee continued to discuss a possible 2.9 percent tax increase at a Tuesday noon meeting — talk that prompted stinging rebukes from resident Sam Troy — the tone of the conversation seemed to shift from needing the tax hike to cover a 2014-15 shortfall to needing it to cover future costs.

Business manager Leonard Pryzwara noted the proposed budget sets aside 0.15 mills for debt service, and suggested an annual increase along those lines to cover future repair or construction costs. A mill is a $1 tax on every $1,000 of assessed property value. The current tax rate is 15.22 mills. A 2.9 percent increase — the maximum allowed at Wilkes-Barre Area this year by state law — would raise the rate to 15.921 mills.

Read more: http://timesleader.com/news/local-news-news/1472721/Talk-of-W-B-Area-tax-hike-shifts-to-needs-for-the-future

Facing 4.3% Tax Hike, Pottstown Working To Close $330K Budget Deficit

Map of Pennsylvania highlighting Montgomery County

Map of Pennsylvania highlighting Montgomery County (Photo credit: Wikipedia)

POTTSTOWN, PA — The public got its first look at the proposed $38.3 million borough budget for 2014 on Wednesday night and saw a projected deficit of more than $330,000 — the rough equivalent of a 4.3 percent property tax increase.

Finance Director Janice Lee made the budget presentation, but did not identify how the administration will propose to close the deficit, which her presentation spreadsheet pegged more specifically at $332,308.

Other than a property tax increase, options for closing that budget gap could include additional revenue from other sources or decreased expenses.

Asked after the meeting how much of a tax hike would be needed to close that gap, Lee declined to speculate and noted that the administration has not yet made a recommendation to borough council, whose members listened to the budget presentation Wednesday night but asked no questions.

Read more: http://www.pottsmerc.com/general-news/20131107/facing-43-tax-hike-pottstown-working-to-close-330k-budget-deficit

Pottstown Property Owners Facing 2.4 Percent Tax Hike Under $53M Budget

POTTSTOWN — Few changes were unveiled Thursday night when the school board’s finance committee met to review the proposed $53 million budget that would raise property taxes by 2.4 percent, or $65.70 per year, for the average property owners.

The 2.4 percent tax hike is the maximum allowed under the state’s Act 1 index without going to the voters for approval.

“There really are very minimal changes from the preliminary final budget you approved last month,” Business Manager Linda Adams told the finance committee Thursday night.

As with most budget deliberations, there was good news and bad news.

Read more:  http://www.pottsmerc.com/article/20130615/NEWS01/130619437/pottstown-property-owners-facing-2-4-tax-hike-under-53m-budget