Montco residents may see 9% property tax hike in 2025 to remedy $15M deficit

Residents of Montgomery County may see a nine percent property tax hike next year, Mainline Media News reported.

The proposed 2025 budget plans to remedy a $15.8 million deficit by raising the property tax from 5.178 mills to 5.642 mills. Officials estimate around 40 percent of single-family homes with property values between $200,000 and $414,000 would pay $601 per year in county real estate taxes, which is an annual increase of $49. An “average single-family home” valued at around $520,100 would pay $79 more per year at $965.

The county’s 2025 financial figures projected $610.9 million in expenditures and nearly $595.2 million in revenues.

From the article:

Several areas contributed to the level of expense, including new personnel and debt service costs, as well as a $2 million “projected inter-fund transfer” to the county’s 911 fund. Personnel costs for 2025 were listed at roughly $291.2 million, according to budget figures, which anticipated around $36.7 million, or 14.5 percent, higher than the previous year.

Public hearings on the budget are scheduled to take place at 10:30am and 5:30pm on Thursday, December 12. County commissioners are expected to vote to adopt the budget on December 19.

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