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103 N Cherry Tree Blvd, Collegeville 19426 (Montgomery County/Methacton School District) 6 Bed/5.1 Bath Custom Mediterranean Foreclosure
The Methacton School Board was able to reduce the expected tax increase for 2010-11 from 6.4 percent to 5.53 by refinancing part of the Skyview Upper Elementary School construction debt. The board also decided to continue the Transitional-First Grade program after parents expressed concern over the loss of the program. If adopted, the school property tax millage will be 25.58, which amounts to an increase of $235.08 in the tax bill of the average home assessed at $176,235 in the district. The expected homestead/farmstead credit is $234.20 for those enrolled. The final budget is set for adoption at the June 22 meeting. The Methacton School District has also announced a public budget forum on June 4 at 11:00 a.m. to allow the community to discuss the proposed budget with the superintendent. Please visit the Methacton School District website for more information.
The preliminary budget presented to the Lower Providence Board of Supervisors included no real estate tax increase and a decrease in expenditures over the 2009 budget. The cost cutting measures included two layoffs and five early retirements, as well as implementation of cost cutting measures for every department. The Lower Providence real estate tax millage of 1.512, has remained the same since 2004 and reflects an average tax bill of $248.69 based upon an average home assessed at $164,478. The preliminary budget will be submitted at the Nov. 5 supervisors meeting with final adoption scheduled for Dec. 3.
Montgomery County commissioners granted approval for a 512-bed minimum security addition to the county correctional facility in Lower Providence . The township will sell a bond issue for up to $25 million to fund the expansion.
Source: The Reporter; 10/15/07
Lower Providence Board of Supervisors and nearly 250 residents reviewed an American Revolution Center development proposal for Pawlings Road. The proposal includes a multi-level museum with a 130,000-square-foot conference center and 99-room hotel. The development will use 10 acres of the 125-acre tract.
The Lower Providence Board of Supervisors approved a $100,000 safety improvement proposal for the North Grange Avenue Bridge. Initial proposals included a complete replacement of the bridge for nearly $1.3 million. The approval of repairs to the existing bridge nullifies the PA Department of Transportation’s offer to grant the township over $1 million to build a new bridge.
Voters across Pennsylvania voted overwhelmingly against Act 1 referendum questions during last Tuesday’s primary election. Only four of Pennsylvania’s 498 school districts, including Bristol Borough in
County, approved the tax shift designed to provide homeowners with greater reductions in property taxes.
Pennsylvania’s Taxpayer Relief Act (ACT 1) mandated that school districts place a referendum question on the May 15, 2007 primary election ballot asking voters whether earned income (EIT) or personal income (PIT) taxes should be increased, or instituted for the purpose of reducing real estate taxes on qualified residential properties. All school districts in Pennsylvania, other than Philadelphia, Pittsburg and
Scranton, are required to place a referendum question on the ballot. Click here to see the referendum question and result for each school district in Bucks, Chester, Delaware and
An increase in real estate tax revenues and assessments in the
School District has resulted in a smaller real estate tax increase for 2008. The school board adopted a budget in February that would increase real estate tax to 3.4 percent, but due to an estimated $2.5 million increase in tax revenues and a 1.79 percent boost in assessments, the real estate tax increase will only be 3.17.
The Lower Providence Board of Supervisors reversed their decision to rebuild a bridge on North Grange Avenue. The board asked the township engineer to draft plans to close the bridge and create two cul-de-sacs.
Pennsylvania’s Taxpayer Relief Act (Act 1) referendum questions available on SRA (Suburban REALTORS Alliance) website
Pennsylvania’s Taxpayer Relief Act (ACT 1) mandates that school districts place a referendum question on the May 15, 2007 primary election ballot asking voters whether earned income (EIT) or personal income (PIT) taxes should be increased, or instituted for the purpose of reducing real estate taxes on qualified residential properties. All school districts in Pennsylvania, other than Philadelphia, Pittsburg and
Scranton, are required to place a referendum question on the ballot. The Suburban REALTORS® Alliance (SRA) is urging voters to educate themselves about ACT 1 and the important tax-shifting referendum questions. · Click here to view the referendum questions appearing on the ballot in Bucks, Chester, Delaware and
Counties· Click here to access the SRA’s “Act 1 Primer- Understanding the Question on your May Ballot”