Susquenita School District - Budget - Real Estate Taxes

Real Estate Taxes

For the 2012-13 school year, the Susquenita School Board levied real estate taxes on district property owners, in Dauphin County, at 19.5550 mills. Property taxes for district residents, in Perry County, were set at 12.2000 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. Property taxes, in the Commonwealth of Pennsylvania, apply only to real estate - land and buildings. The property tax is not levied on cars, business inventory, or other personal property. Certain types of property are exempt from property taxes including: places of worship, places of burial, private social clubs, charitable and educational institutions and government property. Additionally, service related, disabled US military veterans may seek an exemption from paying property taxes. 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, which are around 15% of revenues for school districts.

Susquenita School District includes municipalities in two different counties, each county has different rates of property tax assessment, necessitating a state board equalization of the tax rates between the counties. In 2010, miscalculations by the State Tax Equalization Board (STEB) were widespread in the Commonwealth and adversely impacted funding for many school districts including those that did not cross county borders.

  • 2011-12 - Dauphin County – 20.7950 mills. Perry County – 12.20 mills.
  • 2010-11 - Dauphin County – 20.3740 mills. Perry County – 17.00 mills.
  • 2009–10 – Dauphin County – 20.7530 mills. Perry County – 16.9900 mills.
  • 2008–09 – Dauphin County – 21.0930 mills. Perry County – 17.0000 mills.
  • 2007–08 – Dauphin County – 22.0300 mills. Perry County – 17.0000 mills.
  • 2006–07 – Dauphin County – 21.9200 mills. Perry County – 17.0000 mills.

According to a report prepared by the Pennsylvania Department of Education, the total real estate taxes collected by all school districts in Pennsylvania rose from $6,474,133,936 in 1999-00 to $10,438,463,356 in 2008-09 and to $11,153,412,490 in 2011. The average yearly property tax paid by Perry County residents amounts to about 3.11% of their yearly income. Perry County is ranked 538th of the 3143 United States counties for property taxes as a percentage of median income. In Dauphin County, property owners pay 3.48% of their income in property taxes which ranks 382nd in the USA.

Read more about this topic:  Susquenita School District, Budget

Famous quotes containing the words real, estate and/or taxes:

    The real American type can never be a ballet dancer. The legs are too long, the body too supple and the spirit too free for this school of affected grace and toe walking.
    Isadora Duncan (1878–1927)

    The difference between de jure and de facto segregation is the difference open, forthright bigotry and the shamefaced kind that works through unwritten agreements between real estate dealers, school officials, and local politicians.
    Shirley Chisholm (b. 1924)

    The goof man, in dealing with his people, taxes them with luxury.
    Ralph Waldo Emerson (1803–1882)