Durham Township unveiled a preliminary $752,860 budget for 2025 that does not include a real estate tax increase. The township raised taxes by 2 mills in 2024. One mill is equal to $1 of tax for every $1,000 of assessed property value. A mill is worth about $38, and the average Durham property value assessment is $28,800. Supervisor Kathleen Gentner brought up a new state law which authorizes Bucks and other suburban counties to increase annual contributions to fire companies up to 10% of their budget, and up to 5% to ambulance squads. Prior to the new law, municipal contributions to those organizations were capped at 3.5 mills. Gentner warned that a tax increase may be likely in 2026 due to the law. The board voted to advertise the draft budget and adopt it at its December meeting. The draft budget can be viewed at the township office or website.
Source: Bucks County Herald; 11/19/2024