This year's $16.9 million spending plan in Bethlehem Township comes with a price. Taxes were increased 1.01 mills (18.4%) from 5.99 to a 7.09 millage rate. The good news is that this hike is about half of the increase originally expected. But it appear that there was no reason to increase taxes at all.
The reason for this is because of the recent sale of two major properties. Southmont, located off of Rte 33, was just sold for $53.7 million. Another commercial property off of Broadhead Road also sold for about $30 million. The transfer tax generated by these sales will mean a windfall of about $400,000 to the Township. That's about the same about of revenue that will be generated by the tax hike.
Commissioners were apparently unaware of these impending sales while finalizing the budget. But code inspectors had to know because they would be required to do inspections.
Will Commissioners open the budget and return this money to the taxpayer?
Don't hold your breath.