Real Estate Taxes
In 2011, the Neshaminy School Board set the property taxes rate at 152.0000 mills for the 2011-12 school year. A mill is $1 of tax for every $1,000 of a property's assessed value. 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. 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. 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.
- 2010-11 - 152.0000 mills
- 2009-10 - 152.0000 mills.
- 2008-09 - 148.6000 mills.
- 2007-08 - 142.3000 mills.
Read more about this topic: Neshaminy School District
Famous quotes containing the words real and/or taxes:
“Although a firm swat could bring a recalcitrant child swiftly into line, the changes were usually external, lasting only as long as the swatter remained in view....Permanent transformation had to be internal....The habits of self discipline, as laborious and frustrating as they were to achieve, offered the only real possibility of keeping children safe from their own excesses as well as the omnipresent dangers of society.”
—Mary Kay Blakely (20th century)
“...if I were to be murdered I would not want my murderer executed. I would not want my death avenged. Especially by government—which can’t be trusted to control its own bureaucrats or collect taxes equitably or fill a pothole, much less decide which of its citizens to kill.”
—Helen Prejean (b. 1940)