The Herald, Sharon, PA Published Thursday, November 27, 2003

Council plans 0.75 mill tax increase in 2004

By Patrecka F. Adams
Herald Staff Writer

If Wheatland council adopts its proposed 2004 budget as is, it will spell a property tax increase of 0.75 mill to 15.75 mills.

The $375,845 budget is up $18,599, or 5 percent, from this year's $357,246.

A mill is $1 for every $1,000 in assessed property value; assessments are a property's 1970 market value. A mill nets the borough $11,275.

Last year's average property assessment in the borough was $15,500, so with that figure, the new tax bill would be $244.13, slightly higher than this year's $232.50.

Council President David Cusick said salary increases were the most notable changes in the spending plan.

New council members will see their salaries double, from $800 to $1,600 a year.



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