Property Tax Relief
In 2012, 3,232 approved homestead/farmsteads in Sharon City School District received $233. The amount of property tax relief each Pennsylvania public school district receives is announced by the PDE in May each year. It is dependent on the amount of tax revenue collected on the casino slots in the previous year. In 2010, property tax relief for the approved homesteads of Sharon City School District was set at $237. In 2009, the Homestead/Farmstead Property Tax Relief from gambling for the School District was $257 per approved permanent primary residence. Among the 12 Mercer County public school districts, the highest tax relief went to Sharon City School District. The highest property tax relief, among Pennsylvania school districts, went to the homesteads of Chester Upland School District of Delaware County which received $632 per approved homestead in 2010. Chester-Upland School District has consistently been the top recipient since the programs inception. The tax relief was subtracted from the total annual school property tax bill. Property owners apply 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 (40,000 m2) and must be the primary residence of the owner. Farmers can qualify for both the homestead exemption and the farmstead exemption.
Read more about this topic: Sharon City School District, Budget, Real Estate Taxes
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