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.
By subscribing, you agree to Patch's Privacy Policy and Terms of Use.
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.
By subscribing, you agree to Patch's Privacy Policy and Terms of Use.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
