are actively focused on
“attracting” new home
developments, it’s because Plum
is just a great place to live and
raise a family. In fact, Plum Boro
is consistently recognized as:
it, but it is
only one of
many that we focus
on to improve the total quality
of life for the community.
Our development strategy
is a balanced approached to
encourage a healthy mix of
all types of development. Our
current goal is to create more
retail opportunities for local
businesses to offer useful goods
and services to our residents
while limiting the associated
traffic and congestion problems
often associated with larger
retail areas.
BUSINESS VERSUS
RESIDENTIAL DEVELOPMENT
Assessed value per acre
Average Commercial/Industrial
Average Residential
$ 280,000
$2,100,000
Real Estate Taxes Collected per acre
Average Commercial/Industrial
$ 1,000
Average Residential
$ 8,000
Act 511 Taxes Collected per acre
Average Commercial/Industrial
$ 500 LST
Average Residential
$ 6,000 EIT
Total Taxes Collected per acre
Average Commercial/Industrial
Average Residential
PLUM
$ 1,500
$ 14,000
❘
SPRING 2019
27