December 1, 2016

Phoenixville council OKs $11.9M draft budget, 9% tax hike

PHOENIXVILLE >> Borough taxes will increase for the second year in a row if a proposed 2017 budget is passed next month.

In a 5-3 decision, borough council approved an $11.9 million draft budget Tuesday night that raises property taxes by approximately 9 percent. Council Vice President Dana Dugan, along with council members Jon Ichter II and Michael Kuznar dissented. Council is expected to finalize the budget at its Dec. 13 meeting.

With $11.5 million in revenue, the general fund net total is $357,000 in the red. The proposed budget raises the millage rate from 5.35 mills to 5.84 mills, meaning a resident with a home assessed at $100,000 would pay an additional $51 a year, according to the borough. A mill is equal to $1 for each $1,000 of assessed property value.

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