Good News for Collegeville Residents (Well Sort of …)

According to the Collegeville web site there will NOT be a tax increase for fiscal year 2008. That will be a huge relief and burden off the residents and taxpayers of Collegeville who suffered a whopping 133% tax increase in November 2004 for fiscal year 2005. The Tax Rate is for General Purposes, the sum of 3.5 Mills on each dollar of assessed valuation or the sum of .35 Cents on each one hundred dollars of assessed valuation.

In researching the budget for the cause of the large increase in 2004 we discovered the police budget increased from $800k to $1.2M. Wow! Why does Collegeville need all of those police officers (7 counting the Police Chief) AND a full-time detective? Without Ursinus College (which contributes NO money to the tax base) they are but one square mile. A lot of folks are confused in thinking Collegeville Borough is a much larger Borough due to the Post Office being located there but they are smaller than Trappe Borough according to the Montgomery County Web Site.

Additional items on the agenda at it’s public meeting on November 7, 2007 at the Borough Hall will be the establishment of a parking by permit only program and the adoption of the "Local Services Tax" in order to implement the Act 7 Amendments to the tax known as the "Emergency and Municipal Services Tax"; imposing a tax at a rate of $52.00 per year for all non-residents and residents who carry on an occupation in Collegeville Borough.

Just what the folks need ... more taxes!