Marple Township residents may face an increase in property taxes if the proposed 2024 operating budget is approved. The proposal includes a millage rate of 2.561, slightly higher than the previous year’s rate of 2.45.
With the new millage rate, homeowners can expect a potential increase in their property tax bills. For instance, a home with an assessed value of $337,660 could result in a tax bill of approximately $864.75. This potential increase in property taxes aims to address various community needs, including infrastructure improvements, public services, and other essential projects.
1. Why is the proposed millage rate higher than the previous year’s rate?
The proposed millage rate is slightly higher to cater to the growing needs of Marple Township, including funding for infrastructure improvements and essential community projects.
2. Will all homeowners see an increase in their property tax bills?
The increase in property tax bills will depend on the assessed value of each home. Higher-valued properties may experience a more substantial increase compared to lower-valued properties.
3. What will the additional tax revenue be used for?
The additional tax revenue will be allocated towards various community needs, such as infrastructure improvements, public services, and other essential projects that aim to enhance the quality of life for Marple Township residents.
It is important to note that this is a proposed budget and subject to approval. The local government encourages residents to participate in public hearings to provide feedback and voice their concerns regarding the proposed budget and any potential tax increases. Stay informed and engaged with your local government to ensure the best outcome for the community.