School taxes are going up in LMSD….again

The LM School Board has approved a 3.55 tax raise, bringing the school budget just shy of the quarter BILLION dollar mark. The last several years have seen similar tax hikes:

10483939_10203570141315630_3661136395570481845_o
From the School Board’s posted presentation when the proposed budget was released.

a property that has an assessed value of $250,680 will have a tax burden going from $6,351 in the 2014-15 year to $6,576 or an increase of $225.
– Main Line Media News

If the trend of 3.5% tax increases continues, 10 years from now, a $250,000 home will go from a current bill of 6K to more than 8K. Here is a full write up on the passed budget.

What do you think?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s