Taxes up in Marlborough

Dated: December 28 2024

Views: 51

Marlborough Township supervisors approved a 0.25-mill tax increase to support the proposed 2025 budget. The township tax rate will increase to 3.185 mills, including the emergency services tax of 0.185 that was implemented this year. Township Manager Marybeth Cody said the increase will balance the budget, and she anticipates a surplus of over $59,000 by the end of 2025. Cody reported that the current surplus is around $689,000, but warned, “The days of the healthy balance carryover might be going away.” Cody’s budget report cited factors such as inflation, fuel costs, maintenance or replacement of aging equipment, cost of police coverage, as well as rising health insurance, worker’s compensation, and general insurance costs, as reasons for a lower surplus. 
Source: Upper Perkiomen Valley News; 11/21/2024

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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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