Concord Township supervisors are holding the line on taxes. Supervisors’ Chairman Dominic Pileggi said during a Dec. 8 preliminary budget meeting that the proposed budget for 2016 has no tax increase.
This is the sixth consecutive year without a tax hike, he said.
The budget, scheduled for adoption during a Dec. 15 meeting, is balanced with revenue and expenses expected to be $4.38 million.
Unless there’s an unexpected change, township property taxes will, again, be 0.944 mills. That rate, according to figures provided by township Finance Director JoAnne Demnicki, is a total of all township specific taxes: general purpose, open space, fire protection, fire hydrant and library taxes.
With a mill being a tax of $1 for every $1,000 of assessed property value, a homeowner with a property assessed at $100,000 would pay the township $94.40. For a property valued at $400,000, the owner would owe $377.60.
Concord property owners will also pay county taxes and school taxes. Those tax rates are 5.6040 mills from Delaware County and 30.3091 mills from the Garnet Valley School District.
The total tax millage comes to 36.8571 mills.
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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