The preliminary draft of the 2013 Delaware County budget includes a tax hike of 2.8 percent. The budget would rise to $329 million dollars, representing a $5 million dollar increase over the final 2012 numbers.
The average Delaware County taxpayer with a home assessed at $130,000 would incur a county property tax of $708.75 – an increase of $19.75 over last year.
The millage rate for 2013 would be set at 5.452 mills. A mill represents 1 dollar for every 1,000 dollars in assessed value.
Continued increases in Medicade reimbursements for the County owned nursing care facility at Fair Acres, which is expected to cost the County 6.8 million dollars in 2013, was cited as a factor in the proposed increase, as well as rising pension and health care expenses.
Last year’s tax hike in County taxes amounted to 2.3%.
The proposed hearing date for the budget is December 6, with December 12 set as the tentative budget adoption date.
Wallingford Real Estate – Wallingford, PA 19086
