Monday, November 13, 2017

Columbia's municipal tax rate to drop


At Monday's borough council meeting, Council President Kelly Murphy announced that the borough's millage rate will decrease from the current 8 mills to 6.6 mills due to the recent county-wide reassessment.

Taxing entities adjust their millage rates down in proportion to an increase in taxable assessment.

4 comments:

  1. School District going to follow this model, too?

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  2. The school district must readjust their tax rate as the borough did. This is not a tax cut, simply a readjustment.

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  3. Kelly Murphy Rocks !! He's the best.

    ReplyDelete

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