County/Township Real Estate Tax: The County and Township real estate taxes are combined on one bill (March 1) and collected by the Exeter Township Tax Collector, Charles I. Diamond. The current County rate is 6.935 mills. The Exeter Township rate is 2.43 mills for a combined total of 9.365 mills. The taxing year for both entities is January 1 through December 31.
School Real Estate Tax: The Exeter Township School District taxes are on a separate bill (July 1) and are also collected by Charles I. Diamond, Tax Collector. The School Tax rate is currently 28.618 mills. The School District's taxing year is July 1 through June 30.
Per Capita Taxes: Exeter Township and the Exeter Township School District levy a "head tax" for anyone 18 years or older living in the Township. Ten dollars ($10) of this tax goes to the School and the remaining five dollars ($5) goes to the Township. This tax is collected by the Exeter Township Tax Collector, Charles I. Diamond.
Local Services Tax: The Exeter Township School District($10) and Exeter Township($42) levie this tax of $52 per working adult. This tax is collected by the Berks E.I.T. Bureau.
Earned Income Tax: A one (1) percent income tax is levied on all wages earned by working Township residents. This tax is collected by the Berks E.I.T. bureau usually through a payroll deduction which your employer handles.
Business Privilege Tax: Exeter Township assesses each business operating within the Township a Business Privilege Tax. This tax is calculated by multiplying the rate by gross revenues of operating a business or doing work within the borders of the Township. The rates are as follow: 1 ½ mills for retail, services or rentals and 1 mill for wholesale. The tax is shared 50/50 with the Exeter Township School District.
How to Calculate Your Tax (mills based on 100% of assessed value):
Real Estate Tax: Assessed Property Value $100,000
9.365 Mills x.009365
Amount Owed $936.50
School Tax: Assessed Property Value $100,000
28.618 Mills x 0. 028618
Amount Owed $2,861.80