Monroeville’s real estate tax rate remains at 4 mills for 2023.
On Dec. 13, municipal council approved an ordinance setting the rate, which means property owners will continue to pay $400 per $100,000 of assessed value. Earned income, business privilege and mercantile taxes also remain the same.
Council also voted to adopt the 2023 municipal budget, with total expenditures projected at more than $36 million. To match revenues with expenditures, the municipality is using about $2.5 million of its fund balance, surplus money that is anticipated to total $28.3 million by the end of next year, according to figures presented in the proposed budget.
In other business, council granted preliminary and final subdivision approval for the third phase of the Maple Crest residential development, calling for 40 single-family lots off Logans Ferry Road. Conditional use approval also was given for a cut-and-fill operation at the site totaling approximately 100,000 cubic yards of earth.
“I think this is a great development, and I’m looking forward to seeing them expanding,” Mayor Nick Gresock said.
