Versailles council adjusts real estate tax rate
Versailles council set its 2013 millage on Monday with two ordinances.
The first ordinance, which is a procedural measure, fixes the millage rate at 6.11 to make the borough revenue neutral, and the second readjusts the millage to 7.
The latter ordinance gives the borough a 2.55 percent windfall.
“First of all, we had to go down to neutral,” council president Linda Sheedy said. “We could realize a 5 percent increase, but we chose not to. We chose to go 2½. It's a whole mill lower than we were.”
She said the reason council chose a windfall is because there are many commercial properties in Versailles that are still going through property reassessment appeals.
“If their tax value is lowered, then we are going to be getting less money,” Sheedy said. “It could be a lot less than we're banking on. That gives us a chance that we might not be able to make our budget.”
She said it will provide the borough with a buffer.
Attorney Krisha Mackulin, representing borough solicitor Pat McGrail, advised council earlier this month that it should have at least a 1 or 2 percent windfall as a cushion because of the property reassessment appeals.
She said a multimillion dollar property like Olympia Shopping Center could pull the borough down if its reassessment gets reduced significantly.
Mackulin said the borough could re-evaluate its millage next year if it needs to do so.
Monday's Versailles council meeting was a continuation of the regular meeting earlier this month.
Stacy Lee is a staff writer for Trib Total Media. She can be reached at 412-664-9161, ext. 1970, or email@example.com.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- ‘Addams Family’ should be lots of devilish fun
- 150 attend East Allegheny teachers union forum
- 2 men shot outside Duquesne bar
- 10 years ago, Hurricane Ivan brought record rain to region
- West Mifflin solicitor reveals proposed assessment deals
- South Allegheny adds robotics course
- ‘Oklahoma!’ sets bar high for theater season
- McKeesport gardeners enjoy fruits of their labors
- Coach’s firing causes ruckus in Steel Valley
- War of words goes on at East Allegheny
- State tour touts Auberle facility