Ridley Park Borough taxpayers are looking at a possible 17 percent tax increase brought on by Prospect Medical Holdings’ failure to pay property taxes for Taylor Hospital, writes Kathleen E. Carey for the Daily Times.
Prospect Medical, the parent company of Taylor Hospital, gave Ridley Park a check for $123,000 for sewer fees on the property but still owes $363,000 in delinquent 2023 taxes.
It will be delinquent on those taxes on Jan. 1, giving the borough legal options to collect.
Prospect representatives met with borough council on Dec. 20 to discuss a settlement offer.
Information on that offer is expected at a special borough council meeting on Dec. 28, when a vote on the final budget is scheduled.
The fees and taxes owed by Prospect Medical account for 10 percent of the borough’s $5.4 million proposed budget.
Borough Council President Dane Collins said borough officials were trying to find a solution to Taylor Hospital’s tax delay and the borough’s revenue shortfall.
“We do not want this,” he said. “This is not how we want the borough to be operating. For that, we are sorry. We are doing the best we can to rectify this situation that we’ve been placed in.”
Find out more about Taylor Hospital’s tax delay in the Daily Times.
