residents will not incur a property tax increase under a 2012 budget presented to supervisors Thursday night by township treasurer and tax collector Barry Moyer.
"We have enough money to cover our expenses this year, so we don't have a tax increase this year, which is a good thing," Moyer said.
Upper Macungie implemented a 1-mill tax hike in 2011, making the total property tax tariff 2-mills, where it will remain next year.
The township's total 2012 budget is $16,536,000, up from $14,775,200 last year.
Moyer projects a total increase in revenue of $1,547,000, including line items such as earned income and rent collected from the new .
Moyer projects decreases in revenue of $398,000 from line items including real estate transfer taxes and building permits.
"As the economy stays stagnant, these revenues will continue to decrease," he said.
A total of $2.1 million will be taken out of the township's capital reserve fund to pay for its share of the budget.
The budget will be on display for public inspection at the for 30 days following Thursday night's introduction.
Supervisors will vote on the budget at their
Moyer noted that the line will be held on sewer and recycling fees as well.