Ridley Park Borough Council approved a 17% increase in 2024 property taxes to make up for money that Prospect Medical Holdings Inc. did not pay last year for Taylor Hospital, which is part of Crozer Health. The borough is still trying to negotiate a settlement with Prospect that would cover at least part of the roughly $350,000 that Taylor’s for-profit owner owes for last year’s tax bill, Borough Manager Richard Tutak Jr. said. The council can reopen the borough’s budget until Feb. 15 to make adjustments if Prospect pays at least part of what it owes, Tutak said. As it stands, the owner of a house valued at $178,000 will have to pay $350 more in taxes, he said. Council President Dane Collins announced that Prospect sent a check to the borough for $123,000 it owed for delinquent sewer fees.
Source: Philadelphia Inquirer; 1/2/2024 and Chester Spirit; 12/27/2023
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Ridley Park approves 17% tax increase as Prospect Medical disputes Taylor Hospital value
Published Friday, January 5, 2024