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No tax increase in Franklin

Published November 20. 2013 05:00PM

Franklin Township supervisors tentatively adopted the 2014 budget on Tuesday night with no tax increase. Final adoption will be done at the Dec. 17 meeting.

The tax rate for general purposes will remain at 6.3 mills or 63 cents on each $100 of assessed valuation. A home valued at $80,000 will continue to pay $504 in real estate taxes to the township.

There will also not be any increase in garbage fees. Annual garbage collection costs will continue to be $225 per household and $160 for seniors or seasonals. If paid by Feb. 28, 2014, residents will see discounts of $215 for regular customers and $150 for seniors and seasonals.

Taxpayers did not see a tax increase since the 2010 budget. Supervisors were able to hold off on an increase for 2014.

In 2014, the township anticipates $4,249,474 in revenues. $1,818,200 will come from fund equity; $1,182,947 in taxes; licenses and permits, $1,390; fines and forfeits, $38,000; interest, $3,603; $246,848 in intergovernmental revenue; charges for services, $896,486; other revenue, $62,000; other financing sources, $2,431,294.

Expenditures include, general government, $219,332; police, $727,584; health and welfare, $534; sanitation, $672,479; roads, $525,997; recreation, $36,502; debt services, $140,891; miscellaneous expenses, $58,011; other financing sources, $55,000; and assets, $1,813,144.

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