Plum Budget Holds Taxes Steady in 2013

Council approved a final budget on Wednesday.

Plum residents will not experience a tax rate increase.

During a special meeting on Wednesday, borough council approved an $11.67 million budget that holds the millage rate steady at 4.3 mills.

That means a resident would pay $430 for every $100,000 of assessed property value. Tax rates have remained steady since 2008.

Though the preliminary budget included a $5-per-month sanitation fee, officials cut it from the budget.

Councilman Mike Dell said the borough has yet to receive certified county assessment figures for Plum.

Under the reassessment, taxing bodies can't receive more than 5 percent in property tax revenue so as not to use the reassessment as a major tax increase.

"Plum has not received their assessment values, so we may have to lower our millage rate in January if the assessment values come in higher," Dell said.


Plum-Oakmont Patch is on Facebook and on Twitter. Don't forget to sign up for our daily email newsletter by clicking here.


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »