The proposed 2017-2018 Wallingford Swarthmore District budget of over $79 million calls for a 3% increase in school taxes.
The average homeowner with an assessed value of $179,000 can expect to pay an additional $228 in school taxes. The hike includes 0.5% to help with rising pension costs.
Salaries and benefits for employees account for to 72% of the district’s costs and state mandated pension contributions will increase $500,000 to $5.4 million in the proposed budget.
Local taxes account for 77.37% of the district’s budget contributing approximately $71,425,290 to revenue.
Wallingford PA Real Estate – Wallingford, PA 19086