Property taxes are going up in Tredyffrin and Easttown townships with the approval of the Tredyffrin/Easttown School District 2025-2026 final budget. The budget has $190.3 million in revenues, $6.1 million in fund balance allocation, and $196.4 million in expenditures. Officials addressed an $11 million deficit with expenditure reductions, tapping into existing reserves, and levying a property tax rate increase. The district in February filed for, and was ultimately approved for, a referendum exception for special education expenditures in excess of the Act 1 index of 4%. The final budget has a 4.66% tax rate increase, from 28.3373 mills to 29.6567 mills. Officials said the increase will result in an average $350 increase in property tax bills. Homeowners eligible for the homestead/farmstead exclusion under Act 1 will receive a reduction of about $344 on their 2025 property tax bills from state gaming fund revenue.
Source: Tredyffrin-Easttown Patch; 6/16/2025