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How to Calculate Your Yearly Newtown Township Property Tax

How to Calculate Your Yearly Newtown Township Property Tax | Newtown News of Interest | Scoop.it

How to Calculate Your Yearly Newtown Township Property Tax

One item of discussion at a recent Meet Mack Monday "Town Hall" meeting with residents (https://bit.ly/MMM102620audio) concerned the increase in Newtown Twp municipal property taxes and how it will impact homeowners. The total increase proposed is 7.99 mills on top of the current 4.5 mills. The new total would be 12.49 mills - a 178% increase - if the proposed 2021 budget is approved. Download an 8-page summary of the proposed budget here: https://bit.ly/3oalgUf

But how much more will YOU pay should this budget be approved by the Board of Supervisors? To find out, follow these steps...

johnmacknewtown's insight:

Note: The budget loomed large at the October 28, 2020 Board of Supervisors meeting. The Supervisors voted 3-2 to have the Township Manager prepare a new/alternate budget with just a 40% increase in RE tax, which works out to only a 1.8 mill increase.

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Newtown News of Interest
These Scoops are excerpts from articles published in local newspapers and other sources that may be of interest to Newtown area residents. Please click on the "From" link to access the full original article. Any opinions and "insights" appended to these article summaries are solely those of John Mack and do not represent the opinions of any other person or entity.
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