Quakertown Borough Council established a stable tax rate for 2013 during its Wednesday night meeting.
Council unanimously passed the tax rate, which has not been raised in 30 years, at 1.625 mills for all real properties. "We are the second lowest in the county of Bucks out of all 54 municipalities," said L. James Roberts, Jr, council president.
"Our employees and our police officers will contribute out of their salaries to their defined benefit plans. We've been doing this for several years now," stated Donald E. Rosenberger, of the revenue and finance committee.
Quakertown police officers will contribute 1% out of their own salaries in order to keep the pension plan intact. Non-union employees, defined in the non-uniform benefit pension plan, also contribute 1% of their annual salary to the non-union defined pension plan for 2013.
The resolutions are required annually.
The next Quakertown Borough Council meeting will be held 7:30 p.m. Feb. 6 in Council Chambers, 35 N. Third St., Quakertown.