Schools
Lower Merion Residents Face a Tax Hike
The proposed real estate taxes have been decreased from the originally proposed 4.4 percent, but not by much.
Lower Merion Township property owners may be facing a 3.82 percent school tax increase for the 2013-14 school year.
Main Line Media News reports that the "total expenditures in the 2013-14 budget is estimated at $221,634,342 which is down from $222,134,342 in the budget released in February. It is, however, still an increase in the current 2012-13 school year of $212,809,404 in spending."
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Business manager for the Lower Merion School District Victor Orlando said that "a property in Lower Merion with an average assessed value of $250,680 would have a tax bill of $5,887 this year. Under the new budget figures presented Monday night, the new tax bill would be $6,112. That represents a total tax hike of $225 for that home with the medium assessed value," reports the newspaper.
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