Borough Council to Vote on 1-Mill Tax Hike
The Ellwood City Borough Council will vote next Monday, Dec. 21 on a proposed 1-mill property tax increase. The tax increase will be part of the 2016 budget adoption. The 2015 budget has a 6.75-mill tax rate, which is set to increase to 7.75. Last year, there was a 0.5-mill increase. This year, the owner of a property valued at $75,000 would have paid $506.25. With the tax hike, the owner will pay $581.25, a $75 increase. The tax increase is primarily due to increased pension obligation for borough employees. Council had discussed the approaching problem in several meetings throughout…