About 32 percent come from business taxes, such as real estate transfer, business privilege and mercantile taxes. The budget includes a 2.75 percent wage increase for most employees, including police, non-uniform unionized and non-unionized employees.Īccording to a budget summary, the real estate taxes represent about 31 percent of the township’s overall revenue. “The township is fortunate to have a strong business tax base that helps keep that millage rate a little lower, but I think that we also do a pretty good job of turning that into a great deal of service,” White said. Based on current tax rates, for a home with an assessed value of $547,260, the school district tax is $7,791, Delaware County tax is $1,641, and the township’s portion is $1,250. Radnor Township is one portion of a property’s total taxes. “An overwhelming number of properties in Radnor pay in the discount period,” White said.

Pennsylvania state law mandates a discount period of 2 percent if taxes are paid within 60 days after the bills are mailed.

Radnor township earned income tax rate