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Local Government – Falls Township

No Tax Increases for Falls Residents as Supervisors Approve 2025 Spending Plan of Just Under $49 Million

Image Credit: Jeff Bohen Lower Bucks Source

Falls Township will maintain its current municipal tax rate in 2025, as the board approved its 2025 spending plan Tuesday night projecting to spend just under $49 million in the new year.

The spending plan will hold the line on the current 8.97 millage rate.  Property owners will continue to pay $269.10 for an average assessment of
$30,000 under next year’s plan.

Falls residents do not pay for trash and leaf pickup like neighboring municipalities,  Morrisville Borough and  Bristol Twp,residents do,.

The Board earmarked$100,000 to replace the 15-year-old slide at Pinewood Pool and $70,000 for improvements at Elderberry Park and Mill Creek Manor Park.  Additionally the township is planning a number of capital projects in the new year. Culvert improvements at South Olds Boulevard, Rice Drive and Falls Township Community Park. Repairs are also planned for Martins Creek, as well as drainage upgrades at Briaroot Lane. Mill and overlay projects planned for next year include Cedar Lane, Corbin Lane and East Tyburn Road.

The 2025 spending plan reduces the reliance on host community fees from $16.8 million in 2019 to $7 million for 2025, according to Finance Director Betsy Reukauf.

Reukauf said $10 million is estimated to be collected in 2025 from the Earned Income Tax,

For every $1 paid in taxes, Falls Township receives just 4 cents. Yet, year after year the township sees spiraling pension contribution increases. Over the last decade, the township has seen its pension obligation nearly triple. Pension contributions surged from $1.3 million in 2012 to $2.6 million in 2017, with nearly $3 million projected for next year, all while the state contributions have remained relatively flat, according to Falls Spokeswoman Theresa Katalinas.

 

 

 

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