Lower Merion Citizens for Responsible Budgeting (CRB)
Resources
- LMT RET forecast
- LMT 2004 Citizens' Survey
- LMT 2010 Proposed Budget (PDF)
- LMT 2007 CAFR (PDF)
- LMT 2008 CAFR (PDF)
- LMT Profile
- LMT Capital Projects
- Map: Property Taxes by State
- Montco Municipal Millage Rates
- Municipal Bond Yields
- Moody's
- Moody's Lower Merion Rating 2009
- Standard & Poor's AAA rated Municipalities, 2009 -NEW!
- Standard & Poor's LMT Rating 2010
- SIFMA - Municipal Bond Credit Report
- Tax Foundation Fiscal Facts
- Government Finance Officers Association (GFOA)
- Main Line Times
- Commissioner's Voting Records
- 2009 Budget Hawk Awards
Articles
- Understanding Reserves
(GFOA PDF) - Debt management policy - American City $ County web site
- Determinants of Credit Quality (GFR PDF)
Township News Links
CRB speaks for all residents who share its concerns about increasing taxes and unrestrained
government spending in Lower Merion Township. More about us…
government spending in Lower Merion Township. More about us…
LM Township Presentation on Refuse/Recycling (PDF) 7/21/2010-WED!
LM Township 2010-2014 Financial Update (PDF) 7/14/2010
LM Township Expenditure Increase Forecast - +5.9% per Year
Source: Lower Merion Township, July 1, 2009
Lower Merion Township Debt Burden:
Amount |
Per Person |
|
| Net Debt of Township 2001 - $50,264,449 | ||
| Net Debt of Township (April 21, 2010) | $129,435,000 |
$2205.00 |
| Share of School District Debt | $314,395,200 |
|
| Share of County Debt | $50,182,107 |
|
| NewTownship Debt (2010) | $24,000,000 |
|
| Planned Township Debt (2012-15) | $40,000,000 |
|
| Population - 58,740 | ||
| Total Debt Burden -4/21/2010 | $494,012,670 |
$ 8,410.00 |
Source:Appendix A- Township of Lower Merion Series of 2010 Bond Offering Circular,
Lower Merion Township Real Estate Tax increases:
| Year | (mills) | Percent Change | Current |
| 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 |
| Cumulative RET revenue increase 2002-2010 = 52.25% | |||
| Cumulative RET millage increase 2002-2010 = 44.28% | |||
| *Starting in 2010, Trash service will no longer be partially funded by RE taxes | |||

Source: Lower Merion Township
Lower Merion Township General Fund Expenditures:
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
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