Davis in December when the 2000 budget was voted in.
“Next year I’m certain we’ll be back here again,” said board president Kenneth E. For 2000, the board bumped up parking meter tickets and fees costs while holding the line on real estate taxes. Instead, the board discussed raising fees to balance the budget for 2001. Joseph’s University, the board agreed to not increase taxes next year. But Philadelphia and other places with home rule charters are allowed more leeway.Īt the annual board of commissioners retreat June 26 at St. Lower Merion Township is limited by the state to no more than 1 percent.
Lower Merion is looking into hiring a specialist to evaluate income taxes, according to the memo.Īlthough Philadelphia taxes its residents at 4.563 percent and people who work there and live elsewhere at 3.9672 percent, most other communities in the region have rates that vary between 0.5 and 0.75 percent, according to state figures. Only 2.62 mills of that is taxed by the township, the rest is dunned by the county and Lower Merion School District. However, school and county tax increases have bumped Lower Merion’s real estate tax rate up 12.5 percent since the county-wide reassessment in 1997.Ĭurrently, Lower Merion residents pay a total of 16.242 mills on their real estate, or $16.24 on every $1,000 of assessed value of their property. Lower Merion commissioners proudly point out that they haven’t raised taxes for eight years. A copy of the document was obtained by Main Line Life. Lower Merion is a safe haven … for now.Īlthough property taxes probably won’t be raised this year by Lower Merion commissioners, an earned income tax may be around the corner, according to an internal June 28 memo. Many people flee Philadelphia to avoid the wage tax.
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