Financial Information

2008 BUDGET

2008 TAX Summary

Edgmont Township traditionally has one of the lowest real estate tax rates in all of Delaware County. There is no earned income tax imposed on wage earners living in Edgmont Township. There is no mercantile, business or entertainment tax. Administrative services and snow removal are provided by revenue collected from the modest millage tax.

Edgmont Township has no debt service. The land acquisition and building improvements completed in 1996 which are the site of the municipal building were paid for by funds in the capital improvement project account.

In addition to the real estate taxes, Edgmont residents also contribute to the Edgmont Township Volunteer Fire Company and two local ambulance companies. Certain properties also pay a hydrant tax if there is a fire hydrant within 780 feet of their property.

During budget preparation and review the manager / treasurer meets with the Board of Supervisors to project revenues and expenses for the upcoming year as well as capital improvement projects, and a millage rate is arrived at for tax purposes.