TribLIVE

| Neighborhoods


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Indiana Twp. officials mull option of raising property tax

Daily Photo Galleries

By Sharon Drake
Tuesday, Jan. 14, 2014, 9:00 p.m.
 

Indiana Township officials might reopen the 2014 budget next month to raise the property tax rate — again.

A .02 mill increase might be needed, which would mean less than a $10 increase for the average property owner, due a reduction in the overall property value in the township, manager Daniel Anderson said.

Millage would still be lower than 2012's rate of 3.25.

Township officials last month approved the real estate rate at 2.95 mills, up from 2.71 mills for 2013.

They since learned that the township's property valuation was decreased by $4.5 million. The Medrad facility, located off Route 910, was devaluated by Allegheny County's Office of Property Assessments, which translates to less property tax.

Overall property values in the township are $622 million, compared to $639 million last year for taxing purposes, Anderson said. He is looking to reduce expenses before recommending another tax increase.

“This leaves us short if projections put us where we expect,” Anderson said.

The Medrad reduction was the second major hit to the township.

In 2013, Concordia of Fox Chapel, located on Route 910 Indiana, was taken off the tax rolls. It is associated with Concordia Lutheran Ministries, a nonprofit organization.

The Concordia reassessment and others were part of the reason why the 2014 budget included a tax increase.

Township residents pay about $408 in real estate taxes on the median value of property at $138,500, Anderson said.

Sharon Drake is a freelance writer for Trib Total Media.

 

 
 


Show commenting policy

Most-Read Fox Chapel

  1. O’Hara clothing designer earns national recognition
  2. Aspinwall artist looks to past pieces to inspire work for upcoming show
  3. Fox Chapel Area Early Learning Forum focuses on kindergarteners
  4. Project closes part of McClellan Road in Indiana Township
  5. 2 Fox Chapel Area teens to hit Byham stage in ‘A Chorus Line’
  6. Glitter and Glow event at Fox Chapel Golf Club to kick off holidays
  7. St. Scholastica Fair Trade Fair to offer unique buys
  8. St. Mary statues restored, returned to Sharpsburg grotto
  9. Fox Chapel author, life coach releases book about finding peace, happiness
Subscribe today! Click here for our subscription offers.