Spending Freeze

2025 Budget Information

For the first time since 2021, Franconia has raised municipal real estate taxes.  The increase is 4%, for 2025.  Even with this small increase, Franconia’s real estate taxes will remain amongst the lowest in the region, and is less than half of many of our surrounding communities.  The average homeowner will pay approximately $13 additional per year.  

For the past three years, inflation has soared by over 15 % while the township has kept real estate taxes unchanged.  This small increase will allow the township to continue to provide outstanding local government services at a low tax rate.   

Per Montgomery County records, millage rates of surrounding communities for 2024:

Franconia:                                          2.25  
Souderton:                                         9.75
Telford:                                               7.14
Hatfield Township                             5.22
Lower Salford:                                   3.13
Towamencin:                                     5.69

Currently, the township also assesses a millage to pay for the Indian Valley Public library and our various fire companies.  Those millage rates will remain unchanged (.33) , while a new EMS millage, to support VMSC Ambulance, our sole ambulance provider will be implemented at .12 mil. This fee will insure the finest EMS services in our region for all of our residents for years to come. 

 

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