Newtown Township taxpayers would pay an additional 2.5 mills in 1992, or $12.50 more on the tax bill of a home assessed at the township average of $5,000, under the budget proposed by the Board of Supervisors on Monday night.
The budget calls for expenditures of $2,692,653 and would raise the tax rate to 53.75 mills from the current 51.25. The board is expected to take final action on the budget on Dec. 9.
Township Manager Larry M. Comunale said one reason for the proposed increase was a higher-than-normal tax delinquency rate. He estimated that $50,000 in taxes had not been collected. He also said revenues from building permits and real estate transfer taxes were down, adding that transfer taxes had dropped 70 percent from 1987 to the projected figures for 1992.
