In a series of votes on Dec. 20, Bucks County commissioners approved a $487 million budget for 2024 and raised taxes by two mills. The budget includes $486.8 million in expenses and $487.05 million in revenue, leaving a $250,000 surplus. The two-mill tax increase, from 25.45 mills in 2023 to 27.45 mills in 2024, is expected to raise nearly $17 million annually while adding about $60 to the average homeowner’s yearly tax bill. The increase should eliminate the need for additional tax hikes and stabilize finances at least through the end of the decade, according to Commissioner Diane Ellis-Marseglia. The preliminary budget, which was the latest version posted on the county finance department page at the time of the final vote, included no tax increase. The commissioners split 2-1 on the budget and tax increase, with Commissioner Gene DiGirolamo dissenting. The full operating budget can be viewed on the county website.
Source: Bucks County; 12/20/2023