Lower Merion Citizens for Responsible Budgeting (CRB)

  CRB speaks for all residents who share its concerns about increasing taxes and unrestrained
  government spending in Lower Merion Township. More about us…

Recent News or upcoming Events:

Lower Merion Township Meeting - Manager's Contract

Date: 7/11/2012 6:00 PM Location: Township Administration Bldg - 2nd Floor Board Room
75 East Lancaster Ave
Ardmore, Pennsylvania 19003-2323

Lower Merion Township Meeting - Library Renovations and Funding

Date: 7/11/2012 6:35 PM Location: Township Administration Bldg - 2nd Floor Board Room

 

2012 Financial Update on General Fund Balance

2011 Tenative WA Contract agreement (PDF)

New Penalties for Violating PA Sunshine Laws -July 25, 2011

Lower Merion Township Debt Burden:

Amount
Per Person
Net Debt of Township 2001 - $50,264,449
Net Debt of Township (Jan. 30, 2012)*
$107,400,000
$1,856.71
Share of School District Debt
$302,370,200
Share of County Debt
$56,182,107
Planned Township Debt (2012-15)
$40,000,000
Population - 57,840
Total Debt Burden -4/21/2010
$466,286,670
$ 8,061.00

*Source: LMT February 23, 2012 Financial Presentation

 

Lower Merion Township Real Estate Tax increases:

Year (mills) Percent Change  
Tax Rate RET
  Revenue
2002 2.62 0.0 $18,090,000
2003 3.2 22.10% 22,310,000
2004 3.34 4.40% 23,533,000
2005 3.47 3.90% 24,533,000
2006 3.47 0.00% 24,805,000
2007 3.54 2.00% 25,572,000
2008 3.61 2.00% 26,337,000
2009 3.68 2.00% 26,862,000
2010* 3.78 2.70% 27,587,000
2011 4.19 10.80% 30,566,000
Cumulative RET revenue increase 2002-2011 = 68.96%
Cumulative RET millage increase 2002-2011 = 59.92%

*Starting in 2010, Trash service will no longer be partially funded by RE taxes

**Proposed Mill, Percent increase, and RET revenue for 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lower Merion Township General Fund Expenditures:

Exp Trends

 

 

 

 

 

 

 

 

 

Source: Lower Merion Township

 

 

 

 

CPI data - Bureau of Labor Statistics

LMT Expenese Data - Lower Merion Township

Median Wage Increase Data - Social Security Administration

1996=100

 

 

 

Comments? Click here to contact us.