Bridgeville’s proposed 2018 budget, which based on a real estate tax hike, is now available for public review (see below).
Borough council will take a vote on the budget and the increased tax rates at its Dec. 11, 2017 meeting at 7 p.m. at the municipal building.
Under the new plan, Bridgeville would increase its tax on land from 5.5 mills to 10 mills.
The tax on buildings would be increase from 5.5 mills to 6.5 mills.
By taxing land at a higher rate than buildings, council hopes to encourage development of Bridgeville’s vacant lots.
Council may also reduce impact of higher taxes on residents by introducing a homestead exemption that would allow people who living in Bridgeville to subtract $12,000 from their assessments when calculating local taxes.
Altogether, a resident with a $100,000 county real estate assessment would pay approximately $130 more in municipal real estate taxes.
You can download the proposed budget as a PDF here.
