Pennsylvania Homeowners Can Look Forward To Property Tax Relief From Gaming
PHILADELPHIA (CBS) – Pennsylvania homeowners, on average, can expect about the same amount of property relief from gaming as they have over the past few years.
Every April 15th, the state budget secretary is required to certify the balance in the Property Tax Relief Fund and to project the amount of money that will come into the fund from gaming over the next six months.
This year, Budget Secretary Charles Zogby has certified that $776 million will be available. That's just a few million dollars more than last year, so Zogby says homeowners on average can again expect around $200 in property tax relief though he says the amount will vary from district to district.
"The Department of Education then notifies each school district its specific level of property tax relief. That'll happen in early May."
As always, Philadelphia's share of gaming funds for tax relief will be put toward city wage tax relief.
Reported by Tony Romeo, KYW Newsradio
