Pike budget: no increase for fourth year
December 14, 2011 —
PIKE COUNTY, PA — For the fourth year in a row, the Pike County budget has no increase in property taxes.
The total receipts and balance will stand at $47,502,869. The millage stands at 16.29.
“We are in very good shape financially,” said Commissioner Karl Wagner. “We are seeing neighboring counties like Monroe increasing the millage by four mills. We were able to carry over $1.3 million from last year which we did not spend. Many counties are losing or lessening their pension fund. We are not. We set aside one quarter of a mill for debt service. It’s unprecedented.”
“I think it’s something of a miracle, considering the bad economic times,” said chairman of the commissioners Rich Caridi.
The county still has until December 28 to approve the final version of the budget.