Tax Ordinance Under Consideration in Conshohocken Maintains 2018 Property Tax Rate

During its public meeting scheduled for Wednesday, December 19th, Conshohocken’s Borough Council will consider an ordinance that will maintain current taxes to the same property tax rate as 2018. Those are:

a. The tax rate for general Borough purposes is herby fixed at 2.9984 mills on each dollar of assessed valuation.
B. The tax rate to pay the cost of street lighting is hereby fixed at .2226 mills on each dollar of assessed valuation.
C. The tax rate to establish, maintain and/or aid in the maintaining of the Conshohocken Free Library as a local
library is hereby fixed at .0836 mills upon each dollar of assessed valuation, and the money raised by said levy
shall be and is hereby appropriated to establish, maintain and/or aid in the maintaining of the Conshohocken Free Library.
D. The tax rate to assist any fire company in the Borough in the purchase, removal or repair of its fire engines, fire apparatus or fire hose, the purchase of land upon which to erect a firehouse or firehouses, the employment of career firefighters, or for general operations, shall be and the same is hereby fixed at .1254 mills on each dollar of assessed valuation and the money raised by said levy shall be and is hereby appropriated for the foresaid purposes of accordance with Section 1302(6) of the Borough Code.
E. The tax rate to pay the cost of debt service is hereby fixed at .07 mills on each dollar of assessed valuation.
F. Total Real Estate Tax rate for the Borough general purposes and specific purposes outlined, including fire company assistance, street lighting, library expenses, and debt service shall be and is the sum of 3.5 mills on each dollar of assessed valuation.

You can view a copy of the ordinance here.

The meeting will be held at Borough Hall, located at 400 Fayette Street in Conshohocken.