Whitpain Township Budget

Whitpain's Annual Budget

2011 Budget

The Board of Supervisors finalized the township budget for 2011 at their December 7, 2010 meeting. As expected, the budget maintained the 2010 levels (click here for the budget summary). 
 
Roman Pronczak, Whitpain Township Manager, also created a short slide deck (here) that summarizes the township's incomes and spending as well as projections.  It's worth a few minutes to review.

 Whitpain Township 2011 Millage Rates

Real estate tax rates are expressed in mills which equate to $1 for every $1,000 of assessed valuation (not estimated value) - see your local tax bill for your assessment.

 

2010 Budget

As residents will remember, the 2010 year's budget proposals created a small firestorm. The proposed increase fluctuated from roughly 38% to 52% and ended at a 39% tax increase for 2010.  As the proposed change increased, more residents voiced opinions and attended meeting. Criticism was leveled at residents for getting involved late in the process. This year, we encourage everyone with an interest in local property taxes to participate.

Fortunately, no increase is expected this year, although the details remain to be worked through during these meetings.

BOS 2010 Appraved mill rate

Here are a few key points about local taxes:

  1. The township property tax is one portion of your real estate taxes, another portion goes to Montgomery County, and the bulk goes to the Wissahickon School District (which is a separate tax bill). Whitpain taxes do not include or impact School District tax, County tax, or state and federal taxes.
  2. Real estate tax rates are expressed in mills which equate to $1 for every $1,000 of assessed valuation.
  3. Taxes are calculated based on your tax assessment and not the potential market value of your home. Assessment typically varies drastically from price or appraisal - often around 50%.  Consult the information on your own tax bill to understand your property's assessment and actual taxes.. 
  4. Based on information from the County Board of Assessments, the average assessment in Whitpain Township is $226,542 which would result in a Township tax of $725 in 2010.