“Very effective”

Tony Fioriglio of the Times Herald reports:

According to [Norristown Area School District Chief Financial Officer Anne] Rohricht, the district was able to keep its real estate tax increase below the threshold permitted by Act 1 of 2006 through a variety of revenue sources, most notably an increase in the collection of delinquent taxes after a switch in the tax collection services offered by Montgomery County.

“The new model that the county is using has proven to be very effective for school districts like the Norristown Area School District,” Rohricht said. “We are simply very pleased with the returns that we are seeing with the county tax collection services.”

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“Dramatic increase”

Tony Fioriglio of the Times Herald reports:

NORRISTOWN — The Norristown Area School District unveiled an updated version of the 2013-14 budget that contains a smaller tax increase than originally anticipated at the school board’s final budget meeting on Monday night.

In addition to increases in real estate transfer tax, the district is projecting a dramatic increase in the collection of delinquent real estate taxes after switching to a tax collection services provided by Montgomery County.

“Last November, the school district transitioned its collections back to the Montgomery County Tax Claim Bureau,” said Rohricht. “There was a lot of initial hesitation. There were some concerns about effective they would be and if they would have an impact on our cash flow. Those concerns have certainly been put to rest a few times over.”

In fact, with the county collectors in place, the district is projecting a 17 percent increase in revenue, which amounts to approximately $5.8 million, although Rohricht did say that there is a possibility that amount collected could end up surpassing $6 million.

Read the entire article here.

Real estate taxes flowing in early to Montco

Jessica Parks of the Inquirer reports:

Montgomery County Treasurer Jason Salus says real estate taxes are being paid more quickly than usual this year.

Collections through April were up 7.34 percent over last year, Salus announced Wednesday afternoon.

“We provided our Tax Collectors with the data they needed to send out their bills earlier this year than the Treasurer’s office has in previous years,” he said.

Salus said the collection rate should level out over the rest of the year, but “we certainly think there’s a benefit to collecting the revenues as early in the year as possible.”

Read the entire story here.

Montco reports huge boost in delinquent tax collections

Jessica Parks of the Inquirer reports:

Montgomery County’s shift to a new method of collecting delinquent taxes appears to be paying off.

Treasurer Jason Salus reports that collections in the first 50 days of 2013 totaled $5.7 million — a 400 percent increase over last year.

In September, the county commissioners approved a resolution to have the county Tax Claim Bureau collect all delinquent taxes on behalf of townships, boroughs and school districts. The bureau charges each taxpayer a 5 percent collection fee and 1 percent attorney’s fee.

Under the old system, many school districts and municipalities hired outside firms to collect the taxes, and the bureau received nothing for those collections. County officials argued that the bureau was losing out on millions of dollars to which it was entitled under state law.

The collection figures, which Salus said are preliminary, represent a steep increase in beginning-of-the-year payments.

“We’ve been very candid with folks that the new laws give us the ability to go to sale more quickly,” Salus said. “People have re-prioritized their bills and are now paying their taxes.”

Read the entire story here.

New Conshohocken Tax Audit Program

With the assistance of the Borough’s new tax collector, we have recently implemented a new tax audit program to identify companies who owe Business Privilege Taxes.  The press release below has more details.

TRI-STATE FINANCIAL GROUP

Station Square 1

Suite 202

Paoli, PA 19301

FOR IMMEDIATE RELEASE

CONTACT:           Ken Kilpatrick – 610-323-3500

ken@sylviamarketing.com

TRI-STATE FINANCIAL GROUP OF PAOLI IDENTIFYING COMPANIES NOT IN COMPLIANCE WITH CONSHOHOCKEN’S BUSINESS PRIVILEGE TAX

If you own a business that operates in Conshohocken but have not paid a business privilege tax, your company could be in delinquency status.

Headquartered in Paoli, Tri-State Financial Group, administrators of business privilege/ mercantile taxes and local services taxes (LST), has been actively seeking businesses that belong on Conshohocken’s tax rolls, but are not. The company provides the Borough a unique service through its “Discovery Program” that identifies businesses that have not paid their business privilege taxes, and brings them into compliance. Tri-State Financial Group has located several such businesses and is in the process of contacting others who have not paid.

Continue reading “New Conshohocken Tax Audit Program”

No tax hike in 2011

Tonight Borough Council adopted Conshohocken’s 2011 budget.  This budget reflects our commitment to fiscal responsibility and the borough’s broad community priorities: maintaining our infrastructure, keeping Conshohocken safe, supporting our greening and environmental initiatives and promoting transportation options for seniors.  In fact, the budget provides for adding a sorely-needed traffic safety component to our police department.

 
I am proud to say that this budget keeps Conshohocken Borough (exclusive of school or county) property taxes in 2011 at the same level as 2010 — that means that there will be no Borough tax hike next year.  Many communities have struggled to balance their budgets in these tough economic times without raising taxes.  We’re fortunate to have a strong Finance Committee Chair in Council President Paul McConnell to help us keep our priorities straight while maintaining a strong focus on our finances.

Tax cut

Last night Borough Council passed Conshohocken’s 2010 budget plan.  I am pleased to announce that this budget includes a 12.5% cut in the property tax millage while maintaining borough services. While the Borough’s property taxes are only a fraction of our overall property tax bill we recognize that in tough times every dollar counts.  Last year, during my first year on Council, we balanced the budget without raising property taxes.

I want to extend a special note of thanks to Council Finance Chair Paul McConnell for his leadership in crafting this year’s budget.