When New Castle County residents receive their property tax bills over the next week, they will be pleased to see they will not have an increase in property tax.
The lack of increase was part of County Executive Tom Gordon's pledge when he entered office in November.
"The last thing people need in this economy is a tax increase," Gordon said. "We want people investing their money the way they want to. They don't need another governmental entity dipping into their wallets."
According to Accounting and Fiscal Manager Denny Hardman , residential property owners in the unincorporated areas of New Castle County will pay $0.7006 per $100 of assessed property value, which amounts to $511.92 for the year's average tax bill.
Property taxes are based on the average assessed property value of $73,069.
New Castle County Council President Chris Bullock said it was the goal of the council to leave the property taxes the same.
"One of council's main goals during the recent budget process was to ensure there was no tax increase," Bullock said in a statement. "We understand that people cannot afford one, especially during tough economic times. "
Bullock added that the council was able to keep the property taxes the same by spending taxpayers money sensibly.
"This was achieved by making sure we were utilizing taxpayers dollars in the most responsible and efficient manner," he said. "We went through the proposed budget department by department and made sure there was no waste."
The tax bills, which were mailed on July 23, are due September 30.