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The original item was published from 10/27/2025 10:07:00 AM to 11/1/2025 12:00:02 AM.

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Finance

Posted on: August 20, 2025 | Last Modified on: October 27, 2025

[ARCHIVED] Budget Update: EIT & Property Taxes

EIT savings

Thanks to stronger-than-expected Earned Income Tax (EIT) revenue in 2025, Upper Providence Township is projecting a $697,785 surplus.

What this means for residents:

  • Council is considering lowering the General Fund Real Estate Tax Millage by 22% in 2026.
  • For the average household, this could mean an 18% reduction in Township Real Estate Taxes—dropping from about $1,073 in 2025 to $880 in 2026.

The 2026 Budget will be discussed in upcoming fall workshops and council meetings. Stay tuned for details and opportunities to share your input. 

This "EIT Impact on Generl Fund" presentation was shared at an earlier Council meeting for discussion only and included several sample scenarios. An updated version will be presented on October 28, 2025 at the Council meeting, budget workshop, and budget hearing.

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