Schools
Taxes Going Up With 2020-2021 Radnor School District Budget
Residents in Radnor Township will be paying more taxes, as the district's board recently adopted a budget with a tax hike.
RADNOR TOWNSHIP, PA — Taxes are going up in Radnor with the newly approved 2020-2021 Radnor Township School District budget.
The district's board on Tuesday voted to adopt the budget, which contains a 2.6 percent tax increase.
According to district documents, the increase — which is .6478 mills, bringing the total millage to 25.5659 — was implemented to address a funding shortfall of $837,899.
Find out what's happening in Radnorfor free with the latest updates from Patch.
The district accounted for $101.4 in revenues and $102.7 in expenditures.
With the new millage rate, a home with an assessed value of $274,000 will see an increase of $177, with a total tax bill of $7,005.A home assessed at $700,000 will see a $453 increase, and the total tax bill would be $17,896.
Find out what's happening in Radnorfor free with the latest updates from Patch.
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