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County Council forecasts 2.8 percent tax increase, Media Borough forecasts no increase

Nov 09

County Council forecasts 2.8 percent tax increase, Media Borough forecasts no increase

From the Delaware County times:

MEDIA — The preliminary draft of the county’s 2013 budget includes a 2.8 percent tax hike, according to a memo county Executive Director Marianne Grace recently presented to Delaware County Council… The proposed budget calls for a millage rate of 5.452, which is an increase of 0.15 mills or 2.8 percent, according to Grace. A mill represents $1 in tax for every $1,000 in assessed property value.

Media Borough will be presenting the preliminary balanced budget to the public on Thursday November 15th, but as Chair of the Finance Committee I will be recommending no tax increase for Media Borough.