The streak is alive.
For the 12th year in a row, Hilltown’s township administration and board of supervisors have collaborated to create a municipal budget that does not raise the local property tax rate.
At a pubic meeting on Nov. 14, the three-person board of supervisors that locally governs the township voted to keep the municipal millage rate 8.75.
A mil is equal to $1 of every $1,000 of a property’s assessed value.
To calculate the municipal tax on a Hilltown property under the millage rate, multiply the assessed value of the property by 8.75 and then divide by 1,000.
For instance, a Hilltown property assessed at $60,000 will have a township real estate tax bill of approximately $525 under the 2022 rate.
County and school district taxes make up larger portions of one’s property tax payout. The township does not control those taxes.
Like other municipalities, Hilltown also collects an earned income tax (EIT). The township’s percentage take of the EIT is 0.5%.
The general fund portion of the 2023 budget calls for expenditures of $7,394,353. The general fund draws on tax dollars and other funding sources to support essential services like police protection, public works, township administration and more.
In 2023, the township is interested in finishing a pedestrian path that’s across the road from the municipal building. It’s also looking to invest in new equipment, like trucks and pick-ups.
The Hilltown administration, led by Township Manager Lorraine Leslie, spearheads the creation of the budget with guidance and input from supervisors.
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