Wrightstown Township taxpayers will see a reduction in the local earned income tax (EIT), but property taxes will rise.
The Wrightstown Township Board of Supervisors this month approved the $2.5 million general fund spending plan for the municipality.
The EIT will decrease from 1.15 percent to 1 percent, while the general fund will include a 1.02 mil hike and a 1.75 mil increase for the fire service fund.
The open space fund millage rate will drop from .5 to .1 mills, as the township needs less funds in that account.
Stacey Mulholland, the township’s manager, said some residents could see an overall reduction in the taxes they pay and others could see an increase in their overall taxes paid to the municipality.
The difference will depending on a home’s assessed value.
The total millage rate for taxpayers will go from 9.23 mils to 12 mils.
In the 2024 budget, the township will put $29,000 toward fire pond improvements, $15,500 to township building repairs, $16,600 for a health insurance switch, $9,300 for maintenance of the library, and $4,000 for basin restoration.
Taxes paid in 2024 will help the Lingohocken Fire Company purchase a fire truck to replace an aging one, which is expected to cost $1.5 million, including outfitting the truck with equipment.
The largest single expenditure for the township is $933,296 to Newtown Township for police services.
Supervisors Chairperson Chester Pogonowski said the township will have to look at potential rate hikes for the sewer plants in the future to keep up with costs.
Residents served by the sewer plants for the Matthews Ridge and Chapman Corners East neighborhoods will see quarterly rates increase.
