R
esidents in Delaware County expressed outrage over a proposed 23.8% real estate tax increase during a heated budget meeting. The hike, which comes after a 5% tax increase last year, has left many residents feeling financially strained.
"How can I afford to start a family or buy a home if the cost of living keeps spiraling out of control?" asked one new homeowner. Barbara O'Malley, Executive Director for Delaware County, acknowledged that the increase is painful but necessary due to inflation and 12 years without tax increases.
The proposed hike would result in an average annual increase of $185 on a county-average home valued at $255,000, not including school and local taxes. Residents called on Democratic-controlled Council to reconsider the increase or cut back on spending, with some questioning how they will afford basic necessities like food and rent.
A potential solution was presented: selling off DELCORA, the county's wastewater system, to Essential Utilities for $125 million. This deal could avoid the tax increase, boost the general fund, and maintain sewer rates. Council has scheduled a second reading and possible vote on the 2025 budget for next Wednesday at 6 p.m.
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