Are they the only ones in Lancaster County doing so?
Lancaster City Council just announced their budget for 2009, and stated that there will be a 5% increase in property taxes. Ouch! I think just about every other municipality is keeping a reign on property taxes and are not increasing them. In an already declining economy, I just can't see how even higher city property taxes will help real estate sales and current property owners.
From the Lancaster Newspaper: Lancaster City Council approved a 2009 budget Tuesday that includes a 5 percent tax hike for city property owners.
The increase takes the current 9.18-mill tax to 9.64 mills and means an additional $39 in taxes for the owner of a home valued at $75,000.
Did I miss something ~ are there any other Lancaster County taxes that are going up? If anyone knows of any that I may have missed, please let me know and post them here. It's hard enough at times selling homes in the city, I can't imagine that it will get any easier with even higher taxes.
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Jeannie - Property taxes have gone through the wife in some areas, including ours. While I don't mind chipping in, I think that part of the relief our economy needs is not cited in raising taxes for homeowners and prospective ones.