The Easttown Township supervisors meeting scheduled for November 2nd is to be held at Beaumont Elementary School starting at 8 PM with a working session beginning at 7.15 PM. On the agenda will be a combination of the expenses and revenue for the township budget, including discussion of additional taxes including an earned income tax.
The last supervisors meeting was also held at the school across the road from the township building and there was spirited discussion on the subject of the earned income tax. Whilst the township is proposing a 1% earned income tax to increase revenues due to the drop in the budget from Real Estate Transfer Taxes due to a sharp decrease in real estate sales, many of those residents speaking pointed out this would produce a much bigger increase in revenus than was needed and that what needed to be addressed was cuts to the budget. Obviously an earned income tax will affect both residents and those working on the township. Many townships already have have earned income taxes in their budgets. How this has or would affect property values is a question that has been put forward but to which there are no statistics to prove one way or another that the writer knows about.
This meeting on November 2nd will be to bring together projections and suggestions on both sides of the budget with a final meeting proposed for November 19th to decide on final budget. Easttown Township furloghed their office staff this year.
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