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Wrightstown expects to hold steady on tax

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A preliminary analysis suggests that Wrightstown will be able to hold the line on municipal real estate taxes in 2020.

“After examining the initial draft of the 2020 budget, it does not appear that a millage increase will be necessary,” Supervisor Jane Magne told the Herald.

Township Manager Joe Pantano offered a similar assessment at a board meeting earlier in October. “I don’t plan on recommending an increase at this point,” Pantano said.

Should budgeting play out as expected, the municipal property tax rate in Wrightstown would remain 9.23 mills.

A mill is equal to $1 of every $1,000 of a property’s assessed value. To calculate the municipal tax on a Wrightstown property, multiply the assessed value of the property by 9.23 and then divide by 1,000.

For example, a Wrightstown property assessed at $45,000 would owe $415.30 in annual municipal real estate taxes in 2020. School and county taxes make up a larger portion of a resident’s property tax bill.

At a Monday (Oct. 28) work session meeting, Pantano and the Wrightstown Board of Supervisors reviewed a draft township budget for 2020. Pantano indicated 2020’s expenses for the general fund portion of the budget – which covers significant expenses like police, township administration, public works and more – is expected to be about $2.03 million.

Magne said that expenses will be rising about $42,000 over the current year. “Much of that is due to the yearly increase in what Wrightstown pays Newtown Township for police services,” Magne said. “That increase will be about $36,600 for 2020.”

Despite the expense uptick, carefully calculated projections indicate that enough revenue will be generated to cover needs without having to raise taxes, officials said.

Once the final particulars on the municipal budget are in place, the plan is for Wrightstown supervisors to vote to approve it before the end of this year. That vote will occur at a public meeting, during which residents can comment and ask questions.


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