Loyalsock Township proposes eliminating municipal property tax for 2027
Loyalsock Twp., Pa. — The Loyalsock Township Board of Supervisors announced a proposal to eliminate the municipal property tax for the upcoming 2027 budget. Under the proposed budget, the township's real estate tax rate would drop from 0.5 mills to 0.0 mills, effectively removing the municipal property tax burden for all local property owners. The financial impact is about $375,000 per year in township revenue, according to Bill Burdett, township manager. Other revenue sources, cost savings measures, and financial reserves will cover the loss of revenue, Burdett added. Former 14-year Loyalsock Township Supervisor and current Lycoming County Commissioner Marc Sortman said at a commissioners' meeting this morning that the proposal is "just a phenomenal thing" and "shows government can work properly." "Government can reduce what they do, the size that they are, and they can save the taxpayers’ money," Sortman continued, largely crediting Burdette for the proposal. The historic proposal was introduced by Chairman Paul Nyman, Vice Chair John Bower, and board members Virginia Eaton, Mike Reed, and Rich Trowbridge to provide direct financial relief to the community amid broader economic pressures. "This action will help our residents, businesses, and particularly our seniors by reducing their property tax burden," Burdett
Loyalsock Township, PA · 1d
