West Chester Votes to Raise Earned Income Tax, Lansdowne Considering Increase
West Chester Borough Council voted unanimously to enact a balanced $52 million operating budget that includes a 25 percent increase in the earned income tax (EIT). Currently, the borough levies a 1 percent EIT, which will increase to 1.25 percent. Half the one-percent fee goes to the West Chester Area School District, and the other half is retained by the borough. The additional 25 percent levy will pay off borough pension liabilities.
Meanwhile in Delaware County, the Borough of Lansdowne will consider the adoption of an ordinance establishing an earned income tax at the rate of one half of one percent (0.5%). The earned income tax is necessary to diversify the tax base of the borough and allow the borough to lower property taxes for its residents. The ordinance, if enacted, will go into effect in 2019. The public is invited to attend and provide comment regarding the ordinance when it is considered for adoption on Wednesday, Dec. 19, at 7 p.m. at Lansdowne Borough Hall, 12 E. Baltimore Ave. Read more
here.