Chadds Ford’s budget includes wording change for business-related fee

Dated: December 25 2024

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Chadds Ford Township supervisors have readvertised the proposed 2025 budget to include a change in wording. What had been a Business Privilege Tax is now a Business Registration Fee, and township solicitor Mike Maddren said it would still be $225 per year. According to the ordinance change, the term “business privilege tax” is a misnomer, the new registration fee applies to all businesses and that failure to register shall be subject to a fine of 10% of that year’s fee. However, a business would be exempt if its gross earnings are less than $15,000 for the year. Township Manager Lacey Faber said there are no other changes, and the property tax millage rate remains the same. The rate is 0.6247 mills in areas with fire hydrants, and 0.5577 mills without hydrants. The board is scheduled to vote on the budget during its Wednesday, Dec. 18, work session. Read more here.
Source: Chadds Ford Live; 12/5/2024

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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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