|General Fund||0.957 mills|
|Fire Tax Fund||0.310 mills|
|Recreation Fund||0.180 mills|
|Road Equipment Fund||0.140 mills|
|TOTAL MILLAGE RATE||1.587 mills|
*Property taxes are expressed in terms of mills per dollar of assessed value. One mill is equal to one-tenth (1/10) of a penny or 1/1000 of a dollar. The property tax formula is the mill rate (divided by 1,000) multiplied by the assessed value of the property. For example, with a millage rate of 1.58 mills and a $40,000 assessed value of a home the tax rate would be:
.001587 X $40,000 = $63.48
Molly Bauer is our elected tax collector and is responsible for collecting Real Estate Taxes, Per Capita Taxes and Local Services Taxes. Please click here for her website and contact information.
Per Capita Tax (PCT)
A per capita tax is a flat rate tax equally levied on all adult residents within a taxing district. It is not dependent upon employment. Each adult resident pays $15.00 annually, with $10.00 sent to the School District and $5.00 sent to the Township.
Local Services Tax (LST)
A local services tax is paid by everyone working in the Township. The tax is $5.00 per year. This tax is usually collected by payroll withholding and remitted to the tax collector. Any individual making less than $12,000 in a calendar year can file for an exemption with their employer.
Earned Income Tax (EIT)
An earned income tax (EIT) of 1% on gross earnings for individuals and net profits for businesses is imposed on everyone living or working in the Township. This tax is distributed evenly between the Township and Boyertown School District, each receiving 0.5%. The collection of the EIT generates more than 50% of the revenues received by the Township.
Open Space Tax (OST)
The Township also levies an open space tax of .15% that is collected with the earned income tax.
Berks Earned Income Tax is under contract with the Township to collect Earned Income Taxes and Open Space Taxes. Please click here for their website and frequently asked questions.