North Coventry Township supervisors will hold a meeting on Friday, Dec. 20, to formally adopt a $7.1 million 2025 budget that will increase property taxes by 5%. According to information provided by Township Manager Erica Batdorf, the budget would result in a 0.16-mill increase, from 3.28 mills to 3.44 mills. For a property assessed at $200,000, the increase would hike the annual tax bill by $32. “We are looking to address a deficit of $163,456 using reserve [funds] in the amount of $86,666 with the tax increase helping to cover the remaining $76,790,” Batdorf said.
Source: Daily Local; 12/6/2024