Metro Philly 'Bricks and Sticks'

News and Advice about the Philadelphia Suburbs Housing Market

Posts Tagged ‘Real Estate Taxes

Radnor discusses tax hike and curbside trash pickup for 2010

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Radnor Township’s interim manager, John Granger, has seen a recent decrease in the initial large deficit projected for 2010, but states that the decrease is not enough to balance the budget without a real estate tax increase. Also being discussed are trash pickup options. Radnor has offered back yard trash pickup free of charge for many years, but that may be on the chopping block as the 2010 budget discussions continue. The next Board of Commissioners meeting is scheduled for Oct. 26 at 7:00 p.m. in the township’s municipal building, 301 Iven Avenue, Wayne , PA 19087.

Written by Edmund Choi

October 14, 2009 at 7:28 PM

Easttown Township to explore earned income tax as revenue option

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On Monday, Oct. 19, at 8:00 p.m., the Easttown Township Board of Supervisors will be presented with information on Earned Income Tax and other Act 511 taxes by the Pennsylvania Economy League. The meeting is to be held at the Beaumont Elementary School, 575 Beaumont Road, Devon, and is open to the public. Easttown Township is facing a budget deficit for 2010, in part due to declining real estate transfer tax revenue, salary increases and an increased pension contribution. An ad-hoc budget committee was created at the Oct. 5 Board of Supervisors meeting with the intent of looking at the budget with an independent set of eyes and varied expertise. The members include a forensic accountant, business consultant, marketing professional, Realtor and tax attorney. The committee is seeking people of other professions to assist in reviewing the budget and proposed changes. Click here for the public meeting notice.

Written by Edmund Choi

October 14, 2009 at 7:15 PM

Council Rock budget includes tax hike

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The final $194.3 million budget for Council Rock School District was recently passed and includes a 4 mill tax increase. On average, the 4 mill increase amounts to about $140 more for properties assessed at the district average of $36,000. The school board also approved a $3 million proposal to replace the roof of the North High School.

Written by Edmund Choi

May 5, 2008 at 7:34 PM

Be careful before you appeal your Chester County property assessment

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County Assessor Robert McRae recently warned a group of Chester County residents that assessment appeals can sometimes lead to an increase in property taxes for individual homeowners. Read the rest of this entry »

Written by Edmund Choi

April 13, 2008 at 6:08 PM

Shocking property tax bills spark appeals in Philadelphia

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The Philadelphia Board of Revision of Taxes (BRT) is wading through about 5,000 appeals from property owners disputing their latest round of reassessments. The number of appeals is believed to be one of the largest the BRT has faced, underscoring the depth of displeasure Read the rest of this entry »

Written by Edmund Choi

April 13, 2008 at 5:38 PM

Last-Minute Home Owner Tax Primer

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As April 15 approaches, here’s what home owners need to know about the deductibility of mortgage interest and property taxes. Read the rest of this entry »

Written by Edmund Choi

April 13, 2008 at 5:35 PM

Posted in Real Estate

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