Monday, May 9, 2011

City Homeowners Get $269 Tax Reduction

Pittsburgh homeowners should expect to see a $269 reduction in their property tax bills this year. Pennsylvania Secretary of Education Ron Tomalis announced the number today. The reduction stems from the $612.1 million raised through slot machine revenues.

School districts will receive the funds in two equal installments in August and October. "In Pennsylvania, we are all financially responsible for educating our youth and in difficult economic times, the burden of high property taxes can be overwhelming," Tomalis said.

The task of dividing the money among the state's school districts falls to the Department of Education. The department estimates the average homeowner will see a $200 reduction in their property taxes.

In Allegheny County, homeowners in the Duquesne City School District will see the highest reduction at $351. Avonworth School District homeowners will see the lowest reduction in the county at $85.

Somerset SD home and farmstead owners will see an average reduction of $136 and Johnstown SD home and farmstead owners will see a $211 reduction.

All the numbers can be found on the Department of Education’s website.

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