Lower Gwynedd may increase taxes

Lower Gwynedd proposes first tax increase in 16 years
Property taxes in Lower Gwynedd Township may increase for the first time in 16 years. The 2012 proposed budget would raise taxes from 1.117 mills to 1.223 mills, a 9.49 percent increase. A residence assessed at the township average of $350,000 would pay an additional $37.10 in taxes for a total bill of $428.05. Township Manager Larry Communale explained that a tax increase was necessary to replenish the township’s capital reserve fund, which has not seen any funding for the past several years. The proposed budget is available for review at www.lowergwynedd.org and at the township building. The supervisors are scheduled to vote on the budget at the Dec. 13 meeting.
Source: Ambler Gazette; 11/29/2011