8-percent tax hike proposed for 2023

County budget plan of $530M has $18.6M deficit

NORRISTOWN >> Montgomery County officials got a dismal look Thursday at the proposed 2023 budget in which the county is facing an $18.6 million deficit.

Montgomery County Commissioners authorized the advertisement of the proposed financial documents for the upcoming fiscal year in a 2-1 vote as Chief Financial Officer Dean Dortone gave information surrounding the county’s financial situation. The proposed 2023 budget showed $512.1 million in revenues, and $530.7 million in expenditures.

“So how do we balance the budget?” Dortone asked, proposing an 8 percent real estate tax increase in 2023, bringing the millage rate from 3.923 mills to 4.237 mills.

Homeowners with a single family home with a property market value of less than $414,0000 would pay around $479 toward county general