News

Taxes increase by 36% in New Hanover

Published Friday, January 2, 2026

New Hanover Township supervisors unanimously approved a $13.4 million 2026 budget that raises property taxes by 36%, marking the first tax hike in nearly two decades. The millage rate will rise from 2.152 to 5.642 mills, adding about $84 a year to the bill of a home assessed at $151,700. According to Township Manager Jamie Gwynn, real state tax revenues comprise about 14% of general fund revenues, with the earned income tax accounting for about 63% of general fund revenue. The township is also increasing the local services tax from $10 to $52 annually to more equitably fund municipal services. Township officials said the increases are needed to rebuild reserves that had dipped below recommended levels, support debt repayment for recent municipal and police facility renovations, and create new dedicated funds for debt service and emergency medical services.
Source: Pottstown Mercury; 12/26/2025