Mifflin County School District - Budget - Real Estate Taxes - Property Tax Relief

Property Tax Relief

In 2010, the Homestead/Farmstead Property Tax Relief from gambling for the Mifflin County School District was set at $173 per approved permanent primary residence. The relief was subtracted from the total annual school property tax bill. In MIfflin County 11,111 property owners applied for the relief through the county Treasurer's office. Farmers can qualify for a farmstead exemption on building used for agricultural purposes. The farm must be at least 10 contiguous acres and must be the primary residence of the owner. Farmers can qualify for both the homestead exemption and the farmstead exemption. The highest property tax relief was given to property owners in the Chester Upland School District in Delaware County who got $632 in 2010 and in 2009. In February 2010, the Pennsylvania Auditor General, Jack Wagner reported that 70% of eligible MIfflin County property owners applied for the rebate.

In 2008, 10,446 MIfflin County School District property owners and farmers received a $184 rebate.

Additionally, the Pennsylvania Property Tax/Rent Rebate program is provided for low income Pennsylvanians aged 65 and older; widows and widowers aged 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 for homeowners. The maximum rebate for both homeowners and renters is $650. Applicants can exclude one-half (1/2) of their Social Security income, consequently, individuals with income substantially more than $35,000 may still qualify for a rebate. Individuals must apply annually for the rebate. This can be taken in addition to Homestead/Farmstead Property Tax Relief.

Property taxes in Pennsylvania are relatively high on a national scale. According to the Tax Foundation, Pennsylvania ranked 11th in the U.S. in 2008 in terms of property taxes paid as a percentage of home value (1.34%) and 12th in the country in terms of property taxes as a percentage of income (3.55%).

Read more about this topic:  Mifflin County School District, Budget, Real Estate Taxes

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