Wednesday, May 29, 2024

Columbia school board OKs final proposed 2024-25 budget | Community News | lancasteronline.com


When: Columbia school board meeting, May 16.

What happened: The board approved the final proposed budget of $32.4 million for the 2024-25 year, an increase of $165,940 from last year, marking Columbia Borough’s fifth consecutive year without increasing the property tax.

How to calculate your tax: The district’s millage rate will remain unchanged at 26.46. One mill is equal to $1 in property tax for every $1,000 of assessed value. To calculate your tax burden, multiply the millage rate by the number of thousands of the assessed value of your property. For example, a homeowner with a property assessed at $100,000 would pay $2,646 annually.
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