Wyomissing approves 18% tax increase

Wyomissing approves 18% tax increase

Taxes have gone up in Wyomissing after borough council voted to approve a 1.2-mill increase for the municipal tax rate. The increase brings the borough’s rate to 6.65 mills from 5.4 mills, a hike of about 18%, or $125 for a property valued at $100,000. In an eleventh-hour decision Dec. 29 before the end-of-the-year deadline, council voted 6-1 to approve the increase after officials initially rejected an earlier proposal for a 22% increase. “That…