Fawn holds off on tax rate
By Kate Wilcox
Published: Wednesday, Feb. 6, 2013, 1:31 a.m.
Fawn Township supervisors have decided to wait a little longer before setting a tax rate for 2013.
The township has a complete list of expenses in the budget, but because of Allegheny County's reassessment, has not been able to set a millage rate.
The finalized 2013 budget is about $806,000. The millage rate for 2012 was 3.5 mills.
The supervisors decided to wait until March to set a tax rate, hoping that Allegheny County will be able to provide finalized assessment numbers by then.
“We still don't have a good grasp,” said Chairman Dave Montanari.
He said he is concerned that setting the millage rate too high will result in more surplus funds than the municipality can legally have.
The township must stay within a cap of 5 percent.
And if the millage rate is set too low, taxes will just have to be raised again in 2014.
Montanari said that as long as tax bills go out by mid-April, the township should not have a cash flow problem.
Kate Wilcox is a freelance writer for Trib Total Media.
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