Towamencin draft budget includes sewer rate increase

Dated: December 23 2023

Views: 49

Towamencin Township’s proposed 2024 budget is available for inspection on the township website. Highlights of the budget include no property tax increase or borrowing proposed for 2024. With an assessed value of $160,000, the average resident’s tax bill will remain $626. Towamencin will maintain the current $50,000 homestead exemption. According to finance director Adam Szumski, the homestead exemption is one of the highest in the state and saves that average resident roughly $284 in township taxes. There is a proposed increase to the sewer rental fee from $450 to $590. Much of the sewer rental fee increase will be passed into the sewer capital fund to continue the Inflow and Infiltration Program and complete a sewer line upgrade. Towamencin’s supervisors next meet on Tuesday, Dec. 13, at 7 p.m. at the township administration building, 1090 Troxel Road. 
Source: The Reporter; 11/16/2023

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Pete McGuinn

Pete McGuinn - Your Trusted RE/MAX Main Line Real Estate Expert With over 22 years of experience as a full-time REALTOR® at RE/MAX Main Line, Pete McGuinn is a distinguished real estate professional....

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