Kennett Sq. presents proposed 2023 budget, 8.1% tax hike eyed

On Wednesday, Oct. 5, the proposed Fiscal Year (FY) 2023 budget, totaling $5.1 million, was presented to the Kennett Square Council. The presentation highlighted positive indicators of economic development in the Borough, including a 19% increase in growth-based revenue due to enhanced economic activity (Local Tax Enabling Act) over a five-year period. The proposed budget … Continue reading Kennett Sq. presents proposed 2023 budget, 8.1% tax hike eyed