Politics & Government
Property Tax Hike Featured In Preliminary 2022 Easttown Budget
The Easttown Township Board of Supervisors approved the preliminary budget for 2022 at their Monday meeting, and a tax hike looms.
EASTTOWN TOWNSHIP, PA — With Easttown Township's supervisors approving the preliminary 2022 budget, residents should prepare for a property tax increase should it pass as is.
The supervisors approved the preliminary budget Monday.
In the preliminary budget is a 3 percent increase in the millage rate.
Find out what's happening in Tredyffrin-Easttownfor free with the latest updates from Patch.
As it stands, 2022's millage rate will increase from 4.134 to 4.258.
A home with an assessed value of $500,000 will see a $62 increase in its tax bill.
Find out what's happening in Tredyffrin-Easttownfor free with the latest updates from Patch.
Projected real estate revenue for 2022 is $5.8 million.
Next year's revenue is $14.3 million while the expenditures are $15.8 million, leaving a $1.55 million deficit.
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