The revenue companion to Cranberry’s 2016 expense budget retains the tax rates and user fees from 2015, with one exception. That exception is a quarter-mil increase in one element of the real estate tax, the Fire Fund, now totaling 2.37 mils. The new revenue will be used to fund recommendations expected to come from the Fire Company Strategic Plan, which currently under development. Property taxes collected for Fire Protection can only be used to support the work of Cranberry’s volunteer fire company. The previous rate for Cranberry’s Fire Fund was 2.12 mils.
For a home with a current market value of $250,000, the increase amounts to $6 a year. The full budget document is available online. For more information, contact Vanessa Gleason, Director, Finance