UPDATE: Bucks County commissioners have just approved an 8% property tax increase to tackle a staggering operational budget deficit exceeding $16 million. The vote, which took place on Wednesday, was passed with a narrow 2-1 margin, confirming a 2.2-mil tax hike that translates to an additional $1.38 per week for residential property owners.
This crucial decision comes as the county grapples with rising inflation and ongoing economic uncertainties. According to Jeannette Weaver, the county’s interim chief financial officer, the increase will generate approximately $8.247 million in new revenue for 2026, allowing the county to maintain essential services.
Commissioner Bob Harvie spearheaded the proposal for the 2.2-mil increase, emphasizing the need for financial flexibility in an unpredictable economic climate. “There is a lot of deferred maintenance through projects we have here in the county,” Harvie stated. “We are left with a very, very small surplus in a very uncertain time.”
The current millage rate in Bucks County stands at 27.45 mils. This tax hike marks the first increase since 2024, when commissioners approved a 2-mil rise. The decision comes in stark contrast to neighboring counties; Delaware County recently implemented a 19% tax increase, while Montgomery County is set to vote on a proposed 4% increase tomorrow.
Despite the increase, Commissioner Diane Ellis-Marseglia reassured residents that it minimizes the impact on property owners while maximizing funding for crucial county services. “It seems fair to me that we will be able to keep county residents safe,” she remarked, highlighting ongoing efforts to protect vulnerable populations and address mental health needs.
However, the board’s lone Republican member, Gene DiGirolamo, opposed the budget and the tax increase, emphasizing concerns about the financial burden on residents.
As Bucks County residents prepare for this increase, it is essential to understand its implications on local services and budgets. With a total budget expenditure set to rise by 3.6%, the county is taking significant steps to ensure it can meet the demands of its residents amid a challenging economic landscape.
Residents are urged to stay informed about the ongoing developments in their community as the county navigates these financial challenges. The urgency of this decision highlights the pressing need for sustainable funding solutions in local governance.
Stay tuned for more updates on this developing story that directly affects the financial landscape for property owners in Bucks County.
