Chadds Ford Township supervisors Wednesday night voted to readvertise the township’s proposed 2025 budget. Township solicitor Mike Maddren said the readvertising is required because of a wording change.
What had been a Business Privilege Tax is now a Business Registration Fee, but Maddren said it would still be $225 per year.
According to the ordinance change, the term “business privilege tax” is a misnomer and the new registration fee applies to all businesses and that failure to register shall be subject to a fine of 10 percent of that year’s fee. However, a business would be exempt if its gross earnings were less than $15,000 for the year.
Township Manager Lacey Faber said there are no other changes and that the property tax millage rate remains the same. Those are 0.6247 mills in areas with fire hydrants, and 0.5577 mils without hydrants. (A mil is a tax of $1 for every $1,000 in assessed property value.)
The board is scheduled to vote on the budget during its Dec. 18 work session.
About Rich Schwartzman
Rich Schwartzman has been reporting on events in the greater Chadds Ford area since September 2001 when he became the founding editor of The Chadds Ford Post. In April 2009 he became managing editor of ChaddsFordLive. He is also an award-winning photographer.
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