Real Estate Taxes
The school board set property tax rates in 2010-2011 at 68.9200 mills in Huntingdon County. For Mifflin County - 22.57 mills. A mill is $1 of tax for every $1,000 of a property's assessed value. Irregular property reassessments have become a serious issue in the commonwealth as it creates a significant disparity in taxation within a community and across a region. Pennsylvania school district revenues are dominated by two main sources: 1) Property tax collections, which account for the vast majority (between 75-85%) of local revenues; and 2) Act 511 tax collections (Local Tax Enabling Act), which are around 15% of revenues for school districts. The school district includes municipalities in two counties, each of which has different rates of property tax assessment, necessitating a state board equalization of the tax rates between the counties.
- 2009-10 - 65.8900 mills for Huntingdon County and Mifflin County - 21.6900 mills.
- 2008-09 - 59.6500 mills for Huntingdon County and Mifflin County - 20.4400.
Read more about this topic: Mount Union Area School District, Budget
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