The Wrightstown Board of Supervisors is working on a 2022 municipal budget that anticipates keeping the township real estate property tax rate the same as in 2021.
Supervisors discussed aspects of the preliminary budget at their Monday, Oct. 25 public meeting.
Supervisor Chairman Chester Pogonowski said the board anticipates that the general fund portion of the budget could increase 3.9% next year to $2.054 million.
The largest budgeted item in the general fund is police protection coverage, an expense that is increasing, per terms of a contract, about 5% to $846,527, Pogonowski said. In addition to police, the general fund component of the budget pays for a variety of essential services, including township administration.
Despite the expected expense rise in the general fund, Wrightstown supervisors believe they’ll be able to keep the municipal millage rate at 9.23. The last millage rate increase occurred in 2018, Pogonowski said.
A mil is equal to $1 of every $1,000 of a property’s assessed value.
To calculate the municipal tax on a Wrightstown property under the proposed new millage rate, multiply the assessed value of the property by 9.23 and then divide by 1,000.
For instance, a Wrightstown property assessed at $60,000 will have a township real estate tax bill of about $554 under the potential 2022 rate.