Eagleswood Township taxpayers will see a 5-cent increase in the tax rate this year, according to the municipal budget introduced at the township committee meeting of Monday, March 24. The overall budget is $6.8 million, up nearly $200,000 from last year’s $6.6 million.
The 2024 tax rate was 2.75, and this year’s estimated rate is 2.80 (after the budget is formally adopted), totaling an increase of .05. Property taxes are calculated as $2.80 per $100 of assessed property value.
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