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Harris Township proposed 2018 budget includes tax cut

The 2018 proposed Harris Township budget includes a property tax reduction of about $20 a year for residents.
The 2018 proposed Harris Township budget includes a property tax reduction of about $20 a year for residents. Centre Daily Times, file

Harris Township residents can expect to see a tax decrease in 2018.

The 2018 proposed budget drops property taxes by 0.1 mills, which township Manager Amy Farkas said is a reduction of about $20 a year for residents.

The move comes after higher than expected revenues this year in the township, she said.

Harris Township has been the fastest growing municipality in the Centre Region for the past three years, Farkas added.

The township’s finances are looking “much better” this year, she said.

During last year’s budget season, there were some issues with the revenue projections from the township’s former financial administrator and so the reserve was lower than previously thought, as previously reported. The 2017 budget came with a 0.1 mill real estate tax increase.

The 2018 proposed budget projects revenues of about $2.77 million and expenditures of about $2.82 million. The ending fund balance is expected to be about $1.66 million.

An “exciting” upcoming project for the township is the construction of a new maintenance facility, Farkas said.

A public hearing and formal adoption of the 2018 budget is scheduled for Dec. 11.

Sarah Rafacz: 814-231-4619, @SarahRafacz

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