Durham Township supervisors announced a 2-mill tax increase as part of the proposed $635,775 budget for 2024. If the draft budget is finalized without change, it will be the first time in seven years the township has raised taxes. Supervisors Chair Bartley E. Millett said the tax increase will cost the average property owner an additional $77 in taxes next year. One mill is equal to $1 of tax for every $1,000 of assessed property value. The average property value assessment is $28,800. The budget will be posted on the Durham Township website and will also be available to review at the township office on Old Furnace Road.
Source: Bucks County Herald; 11/20/2023