Lower Merion and Narberth residents can expect a 3.9 percent tax increase for the upcoming school year under the final budget approved by the Lower Merion School board in June. The millage rate will increase from 24.3817 to 25.3335, with one mill equal to a tax of $1 for each $1,000 in assessed property value. A home assessed at the district average will see an increase of $239 in their property tax bill. In other business, the board presented a plaque to Superintendent Chris McGinley, who left the district at the end of June to take a job at Temple University. McGinley had been the superintendent of the district for six years. The board is in the process of a superintendent search, and hopes to have one in place by July 1, 2015. Source: Main Line Times; 6/22/2014 and the Suburban Realtors® Alliance News Brief Headlines
Posted on: Fri, 18 Jul 2014 19:10:24 +0000
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