News

November 19, 2009

City holds line on taxes for 2010

NANTICOKE – Property taxes in the city will not increase under a $3.9 million 2010 budget, city council members learned at Wednesday’s meeting.

The council was presented with the 2010 spending plan that showed the real estate tax rate will remain 1.4573 mills. A mill rate is $1 for every $1,000 assessed tax value. The city’s Earned Income Tax rate is expected to remain at 1.5 percent if approved by a Luzerne County Court of Common Pleas judge early next week.

For the complete story, see Friday's Times Leader.

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