Upper Nazareth Township's 2010 budget calls for 7.1 percent reduction in property taxes
By Nick Falsone
December 03, 2009, 12:43PM
Upper Nazareth Township supervisors on Wednesday night slashed property taxes by 7.1 percent as part of its 2010 budget, according to to a statement from the township.
In a 5-0 vote, supervisors adjusted the millage rate from 3.5 mills to 3.25 mills. Under the new rate, the owner of a home assessed at $100,000 would pay $325 in property taxes to the township or a decrease of $25.
Township officials said the decrease will generate $40,000 in savings to taxpayers.
Supervisors, who have not increased taxes since 2004, attributed the decrease to a fiscally conservative approach and sound management decisions by township staff.
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