![]() ![]() ![]() To calculate a property tax the formula is always (Mill Rate X Assessed Value). One mill is equal to one-tenth (1/10) of a penny or 1/1000 of a dollar. Property Taxes are expressed in terms of mills per dollar of assessed value. The following is the millage rate and breakdown for the 2023 Fiscal Year: General Purpose The Board of Supervisors approves the real estate millage rate for the Township as part of the annual budget approval process (usually in early December). The collection of the EIT generates 53% of the revenues received by the Township. This tax is distributed evenly between the Township and Wissahickon School District, each receiving 0.5%. Earned Income Tax (EIT)*Īn Earned Income Tax (EIT) of 1% on gross earnings for individuals and net profits for businesses is imposed on everyone living or working in Lower Gwynedd Township. The following is a list and brief explanation of the taxes enacted by Lower Gwynedd Township. This revenue is used towards police protection, fire protection, street repair and maintenance, parks maintenance and capital improvement projects along with many other services throughout the township to ensure the highest quality of safety for our residents and visitors. Had they done that, this review would be much different.For Lower Gwynedd Township 80% of the total revenues come from taxes. I am very frustrated by the way everything was handled and that no one from the office apologized for their mistake and attempted to work it out with me. Had they submitted the claim the first time properly they would have received full payment and none of this would have happened. Greenfield's office to try and discuss why I should not be financially responsible for their mistakes. The office staff resubmitted the claim 3 month s later, after I had already reached my max, which resulted in the insurance not being able to pay the full amount. My name was misspelled on the first claim so the insurance company rejected it. My rating reflects the way the office staff handled a mistake they made with my insurance which resulted in me having to pay out of pocket for services I should not have had to if the claim was submitted properly the first time. She is a great Doctor and I am very happy with the re-treatment of my root canal. ![]()
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