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City or Township Devon, PA Postal Code 19333, PA Neighborhood Neighborhood, Devon, PA School District School District, County, PA Listing Service Area Area, PA Address 123 Main St, Devon, PA Street Main St, Devon, PA Listing ID #123456
Garnet Valley budget calls for tax increaseThe Garnet Valley School Board approved a 2016-17 preliminary budget which calls for a 3.12 percent increase in property taxes. The district intends to work over the next several months to identify additional revenue opportunities and expense reductions before the final budget is adopted in June. Under the preliminary budget, the property tax millage required for Concord and Chester Heights would be 31.2542, equaling a $94.51 increase over the current year. Owing to participation in Delaware County Community College, Bethel taxes would be set at 31.6370 mills, a $99.33 increase over 2015-16. The board approved a resolution regarding application to the Pennsylvania Department of Education to use allowable exceptions for special education and Public School Employees Retirement System (PSERS) costs if deemed necessary to balance the budget. This enables the district to exceed the 2.4 percent index set by PDE under Act 1. Source: Daily Times; 1/28/2016
West Chester School District to call for tax hikeState budget forces West Chester Area School District to call for tax hike The West Chester Area School Board has approved a 2016-17 preliminary budget that includes an $11.6 million spending increase over the current budget, along with a tax increase of 4.1 percent. The tax increase, if passed in final form, would equal an approximate increase of $154 per household in Chester County. The budget also features an $8.3 million increase in state mandates. Due to the uncertainty of what the state budget could look like, the district must rely on the higher tax increase along with having to draw money out of its fund balance to reduce the current $12.8 million budget gap. Source: Daily Local; 1/27/2016
Concord Residents Dismayed about Public SewerA Concord Township proposal to provide public sewers to portions of the Mendenhall and Penns Grant developments does not seem to have received the reception the supervisors anticipated. Rather than asking “how soon will they be installed,” residents appear to be asking “why?” According to engineer Walt Fazler, the $1.5 million project would involve extending the system in the neighboring Pine Valley subdivision to service 53 lots, 37 of them developed, on Andrien Road, Hitchcock Lane, Mendenhall Drive and Mitchell Circle. A separate line would be extended for the 41 lots, 38 of which are developed, on Concord Meeting Road and St. Johns Drive. All presently have on-site septic systems. Homeowners would not be required to tie into the system at the time of completion, but the township does mandate connection if the home’s septic system fails or the house is sold. The township will not issue re-sale certification at the time of real estate transfer unless the house is linked to the system. The cost of tie-in is approximately $15,000-$16,000, along with a $3,840 capacity charge, both paid to the municipality.
Cost vs. Value Project PaybackBigger and more expensive projects, rising new-home prices, curb appeal, and energy efficiency all contributed to a slight gain in remodeling projects’ payback at resale, the 2016 Cost vs. Value Report shows. The report compares the average cost of 30 popular remodeling projects against the value of those projects at resale in 100 US markets. The average cost and average return at resale for the 30 projects in this year’s report resulted in an average of 64.4% of a project’s investment dollars getting recouped if the home is sold within a year. That’s up from 62% in the 2015 report and the second-highest return in the past eight years. Of the projects for which the real estate agents increased estimated paybacks, many of the biggest percentage gains were for higher-dollar upscale projects, a term used to denote jobs that are more expansive and complicated than midrange projects. Four of the top five gains in cost recouped were for upscale projects. Topping the list was: fiberglass entry door (energy efficiency project) up 21.2% two-story addition, an 8.1% higher recoupment than in the 2015 report the master suite, up 6.5% and major kitchen remodel, 4.2% higher
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