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Newtown Township Board of Supervisors approves final budget for 2021 with tax increase


NEWTOWN TOWNSHIP After months of debate and compromise, the board of supervisors on Dec. 22 voted 3 to 2 to approve a 2021 $13.8 million budget with a 3.99 mill real estate tax increase.
The increase will mean property owners will be paying on average $160 more per year in local municipal taxes.
The 2021 budget sets the property tax rate at 8.49 mills or about $340 per year on average for township property owners. The budget also relies on an earned income tax to fund township operations.
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The budget will boost property taxes to 8.49 mills, including 4.5 mills for the general fund, one mill to the fire tax fund, 1.875 to debt service on the municipal building, .5 mills for the rescue squad and .615 for the fire hydrant tax. ....

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