Highlands At Archbald Already Benefiting Borough

Map of Pennsylvania highlighting Lackawanna County

Map of Pennsylvania highlighting Lackawanna County (Photo credit: Wikipedia)

Nearly two years after the start of construction, a $50 million plan to convert 500 acres into homes in Archbald is already paying off for the borough.

“The increased tax base is the reason we don’t have to raise taxes,” said council President Joe Simon, referring to the 2013 budget.

As the development grows, the tax rate will remain stable, he said, explaining that he anticipates an increase in the borough tax base due to the added homes.

“Once we get some tenants in there, Archbald will be in good shape in the coming years,” he said.

Read more:  http://thetimes-tribune.com/news/highlands-at-archbald-already-benefiting-borough-1.1411253

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