Good news for taxpayers. The Bristol Township School Board put a cap on next year’s property taxes. The board adopted a resolution to set a limit on any possible tax increases in the new school year to 3.1 percent. To go over that limit, the board would have to apply for and receive an exception from the state. The resolution adopted by the board means they will not be applying for an exception.
With a 3.1 percent increase in property taxes, homeowners with a property assessed on the average of $22,967 would see a $154 increase. That is, with a 3.1 percent tax hike.
The 2018-19 school budget for 2018-19 will be presented in late February. The fiscal school year begins July 1. -PW