Stafford Township has introduced and adopted on first reading its $54 million budget, which includes a tax rate increase of 2.9 cents or just over 3%. Stafford’s proposed new tax rate is 94.8 cents per $100 of assessed property value, compared to the 2022 rate of 91.9 cents. Given the average home in Stafford is valued at $291,251, according to CFO Doug Gannon, the average municipal tax bill would be $2,761, an increase of $84.46 a year.

It’s a bit of a spike, but Gannon suggested it’s more gradual when considered over a longer time.