Montgomery County commissioners adopted the county budget for 2024 that includes a 13% real estate tax increase. The budget includes $568 million in revenue and $567.8 million in expenditures, leaving a “moderate $200,000 surplus,” according to chief financial officer Dean Dortone. The county’s millage rate will increase from 4.237 mills to 4.778 mills — although the total millage rises to 5.178 after the 0.39 mills for Montgomery County Community College are included. Dortone noted that assistance is available to residents earning a fixed or low income through the county’s Real Estate Tax Deferral Program and the Pennsylvania Department of Revenue’s Property Tax/Rent Rebate Program.
Source: The Reporter; 12/14/2023