Location of Plymouth Township in Montgomery County (Photo credit: Wikipedia)
PLYMOUTH TOWNSHIP, PA — The final, $21,021,288 2014 budget, which keeps the millage rate at 1.6 mills, was unanimously adopted by council Monday night.
The budget has a reserve fund balance of $5,988,716 at the end of 2014, including more than $3 million in cash, said. The available fund balance decreased from $6,678,813 at the end of 2013 to $5,988,716.
The budget has contractual increases in salary for police and administration employees. Health care costs are up about $300,000, and there is an additional $240,000 for three additional police officers in the budget, Creelman said.
The average residential home is assessed at $180,000 and the township tax will is expected to remain at $288.
Read more: http://www.timesherald.com/general-news/20131209/budget-adopted-by-plymouth-council-with-no-tax-hike