Bridgeville borough will not raise real estate taxes next year, according to a $3.3 million budget proposal currently under review.
Although the borough took in less money than expected from fines and business taxes this year, Bridgeville will end 2020 with a budget surplus and expects revenue to rise by 3% next year with no tax increase.
“Despite being faced with the coronavirus pandemic and its loss to the business community,” said borough manager Joe Kauer, “[Bridgeville] is on track to end the year with revenue greater than expenditures.”
Under the proposed 2021 budget, Bridgeville’s real estate tax would remain where it has been since 2018—6.5 mills on buildings and 10 mills on land.
The median assessed property value in Bridgeville is $95,900, which translates to a $791.18 borough tax bill.
Councilmembers will vote to formally adopt the 2021 budget at their Dec. 14 meeting, which starts at 7 p.m. on Zoom.
The new budget includes a few notable new expenses, such as:
- $2,690 to upgrade the borough’s 15-year-old accounting software
- $6,200 to upgrade the borough phone system
- $25,000 to partially fund a new comprehensive plan
- $45,000 for a new police car (2021 Dodge Charger)
- $133,944 payment for the 15-year, $1.7 million loan that the borough took out in 2020 to fund multiple infrastructure projects
The entire budget is available for public review at the borough website [PDF].