Lower Merion School District proposes tax increase

Dated: June 23 2023

Views: 198

Lower Merion School District officials recently outlined the upcoming 2023-2024 school district budget that will include a 3.82% tax increase. Under the proposed final budget, the millage rate would increase by 1.1903 mills to 32.3948 mills. A property owner with an average assessed home of $250,680 would see an annual increase of $298, for a new total bill of about $8,120. The budget for next year calls for $320.6 million in spending — a 5.5% increase from the prior year. The final budget is scheduled for a vote on Tuesday, June 20. The school district budget runs from July 1, 2023, to June 30, 2024.
Source: Main Line Media News; 5/22/2023

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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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