![]() “Our team has worked diligently to mitigate these impacts we have modified construction projects, taken more work in-house, and expanded use of cost-effective hybrid vehicles and electric equipment. With inflation hitting a 40-year record earlier this year, Coleman noted that several key expenses have increased in price including: construction materials construction labor personnel salary for hourly workers personnel health insurance and fuel. Photo by Jen SamuelKyle Coleman is the borough manager of Kennett Square. ![]() “This was the first significant tax increase in the last decade,” Coleman said. “After vetting many potential revenue sources, it was determined that raising the property tax rate was the only viable tool.”īorough Council passed the 2023 budget on December 7. “In order to make progress on this goal, without reducing or eliminating day-to-day services, additional funds were needed,” he said on Monday. Chief among these was capital improvement in other words, making improvements to core, public assets like roads, street signs,” said Kyle Coleman, borough manager for Kennett Square. ![]() “The Borough Council completed a strategic planning effort in the summer and, with the assistance of residents, identified their top priorities. This means property taxes will increase by 51.85 percent next year compared to this year. KENNETT SQUARE - Residents who are property owners will see a sharp increase in taxes this coming year.īorough Council voted unanimously in favor of the 2023 budget which calls for a tax rate of 10.25 mills.
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