Finance
Fiscal year 2010 saw no change in Real Estate tax millage for the residents of Falls Township. Once again, the Township was able to hold the line on taxes while continuing to provide its full line of services to the public and meet all of its budgetary goals. For every tax dollar residents pay in 2010, only four (4) cents goes Falls Township. Additionally, the Township levies none of the nuisance taxes used in neighboring municipalities to supplement their operating expenses.
The Township’s 2011 budget season is under way. The Finance department works closely with all other Township departments to assure all of their needs are met and are financially feasible. Ultimately, the Board of Supervisors will have the ability to review and approve the 2011 budget document. The Township’s budget will be on display for public review in the Township building, the Fallsington Library, and on the Township’s website in November 2010.
The Township’s Host Community Fund has provided the Township with the funding required to pay for its annual Road Programs. The 2010 Road Program is well underway and fully funded by Host Community fees. This fund’s revenues are generated by the Landfill located in the Township and operated by Waste Management.
The Township has over $32 million in its long-term restricted savings account. This account was established in the year 2000 and since then has grown substantially. The accumulated savings were only possible through the efforts of the Board of Supervisors and their ability to maintain reasonable spending limits while continuing to offer all of the services provided to Township residents.
The Finance department was recognized by the Government Finance Officer’s Association of the United States and Canada (GFOA) with a Certificate of Achievement for Excellence in Financial Reporting for their Comprehensive Annual Financial Report (CAFR) for the year ending December 31, 2008. This was the eleventh year in a row the Township received this prestigious award. The 2009 CAFR has been submitted to the GFOA as well to determine its eligibility for another certificate.
Please note the Township accepts both VISA and MasterCard for the payment of many Township transactions. Our hours of operation are 8:00am to 4:30pm, Monday through Friday. If you have any comments or concerns, please call 215-949-9000 extension 230 for assistance.
Who Pays Less in Taxes?
If a home was assessed for $20,000 (in 2010) in Falls, Lower Makefield, Bensalem, Northampton, Lower Southampton, Middletown, and Bristol Townships, in which Township would a person pay the lowest Township Real Estate Tax bill?
Falls Township’s taxes are the lowest!
Township Real Estate Tax Trash Collection Other Estimated 2009 Tax Bill
*Earned Income Tax additional
Falls $144.40 -0- -0- $144.40
Lower Makefield $302.40 + Private Contract $$ $40.00 Leaf Pick-up $342.40+
Bensalem $370.00 + Private Contract $$ -0- $370.00+
Northampton* $222.85 $340.00 -0- $562.85*
Lower Southampton* $281.60 $338.00 -0- $619.60*
Middletown $351.40 $364.00 -0- $715.40
Bristol Township* $479.75 $337.00 $27.50 Street Lights $844.25*
WHERE DOES YOUR REAL ESTATE TAX DOLLAR GO?
Each homeowner pays taxes to three (3) separate entities: Falls Township, Bucks County and Pennsbury School District. In 2010, after all taxes had been paid, only 4% or four (4) cents on each dollar, was paid to Falls Township.
HOW DOES THE TOWNSHIP SPEND YOUR TAX DOLLAR?
The Township’s General Fund consumes the largest amount of dollars received. Expenditures in this fund pay for public safety, public works and administrative salaries and benefits. Also paid from this fund are: legal, engineering, insurance and other costs which pay for the day-to-day operation of the Township.
