http://www.statecollegewatchdog.com and scribed.com/statecollegewatchdog Governor Wolf’s Discombobulated Tax Increase Plan Proposed Tax Impact on Most Individual Property Owners and Renters is Worse – Not Better April 16, 2015 Governor Wolf’s proposed 2015 budget is a record $33.8 billion, a 16 percent increase in spending over last year. To support the massive spending increase, the Governor proposes a 40 percent sales tax increase by raising the rate (6 to 6.6 percent) and removing exemptions that currently exist on a number of goods and services. http://www.pennlive.com/politics/index.ssf/2015/03/heres_what_itemsservices_would.ht ml Governor Wolf also proposes a 21 percent increase to the state’s personal income tax (from 3 to 3.7 percent) flat rate at all income levels. Over the course of a full fiscal year, these new taxes will raise an additional $8 billion from Pennsylvania taxpayers. Wolf argues that the increase is chiefly for education. (As an aside and to show comparison the state education pension deficit is greater than the entire proposed 2015 Pennsylvania budget.) Message to Wolf -- pensions are an education cost. Solve that problem first. Taxpayers in 404 (of 500 total) school districts will collectively pay more increased sales and personal income taxes than they receive in property tax reductions. That Includes all Centre County school districts according to the Pennsylvania House Republican Appropriations committee: http://www.taxpayersthatpay.com/ Taxpayers in 96 school districts (none in Centre County) will receive more in property tax funds than they pay in increased sales and personal income taxes. The SCASD already pays $20,000 per student, 82 percent from local tax revenue. The state pays 17 percent, federal 1 percent. Wolf proposes increasing the state contribution to the SCASD from $22.3 to $30 million of a $136 million SCASD budget; that is from 17 to 22 percent. To gain that extra $7.8 million in state contribution, the state will collect an extra $36 million in sales and incomes taxes from SCASD residents. Every household earning over $40,000 is hit wth a tax increase. Wolf’s plan, a tax shift, when fully implemented, raises taxes by $8 billion state- wide and only returns $3.6 billion back to taxpayers for education and property tax and rent relief. However, Wolf presents the tax increase as mostly about education – it is not.
A candid analysis of Pennsylvania Governor Wolf’s proposed plan to increase sales taxes (40 percent) and personal income taxes (21 percent) for a record setting budget increase (16 percent). The plan is a tax shift. Wolf argues the increases are needed to increase funding education and school property tax reductions. Taxpayers in 404 of 500 school districts will collectively pay more increased sales and personal income taxes than they receive in property tax reductions or their districts receive in new state revenue. Taxpayers in 96 school districts will receive more in property tax funds than they pay in increased sales and personal income taxes. Wolf’s plan, when fully implemented, raises taxes by $8 billion state-wide and only returns $3.6 billion back to taxpayers for education and property tax and rent relief. Not one dollar goes toward reducing the state and school employee $40 to $44 billion pension deficiency. Impact on individual taxpayers in Centre County and select other school districts is provided.
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http://www.statecollegewatchdog.com and scribed.com/statecollegewatchdog
Governor Wolf’s Discombobulated Tax Increase Plan
Proposed Tax Impact on Most Individual Property Owners and Renters is Worse – Not Better
April 16, 2015
Governor Wolf’s proposed 2015 budget is a record $33.8 billion, a 16 percent increase in spending over last year. To support the massive spending increase, the Governor proposes a 40 percent sales tax increase by raising the rate (6 to 6.6 percent) and removing exemptions that currently exist on a number of goods and services. http://www.pennlive.com/politics/index.ssf/2015/03/heres_what_itemsservices_would.html Governor Wolf also proposes a 21 percent increase to the state’s personal income tax (from 3 to 3.7 percent) flat rate at all income levels. Over the course of a full fiscal year, these new taxes will raise an additional $8 billion from Pennsylvania taxpayers. Wolf argues that the increase is chiefly for education. (As an aside and to show comparison the state education pension deficit is greater than the entire proposed 2015 Pennsylvania budget.) Message to Wolf -- pensions are an education cost. Solve that problem first.
Taxpayers in 404 (of 500 total) school districts will collectively pay more
increased sales and personal income taxes than they receive in property tax reductions. That Includes all Centre County school districts according to the Pennsylvania House Republican Appropriations committee: http://www.taxpayersthatpay.com/
Taxpayers in 96 school districts (none in Centre County) will receive more in property tax funds than they pay in increased sales and personal income taxes.
The SCASD already pays $20,000 per student, 82 percent from local tax revenue. The state pays 17 percent, federal 1 percent. Wolf proposes increasing the state contribution to the SCASD from $22.3 to $30 million of a $136 million SCASD budget; that is from 17 to 22 percent. To gain that extra $7.8 million in state contribution, the state will collect an extra $36 million in sales and incomes taxes from SCASD residents. Every household earning over $40,000 is hit wth a tax increase.
Wolf’s plan, a tax shift, when fully implemented, raises taxes by $8 billion state-wide and only returns $3.6 billion back to taxpayers for education and property tax and rent relief. However, Wolf presents the tax increase as mostly about education – it is not.
U.S. Secretary of Education Arne Duncan persuasively agrees -- the Pennsylvania school property tax system is the worst in the nation with respect to equal funding for all students. It is also among the most regressive and confiscatory. http://www.centredaily.com/2015/03/27/4674669/politically-incorrect-loathed.html#storylink=cpy Wolf makes it worse.
Centre County is hit especially hard with residents paying out $34.3 million more than receiving.
The Wolf Administration proposes using proceeds from increased sales and personal income taxes to provide increased state funding to school districts and to also provide increased homestead property tax exclusions to home owners and rebates to renters. Homeowners in the same school district would receive the same homestead exclusion regardless of the value of their home, the amount of property tax paid, or their income. All renters in any district would receive the same $500 rebate regardless of rent paid or income. SCASD resident Phil Edmunds provides (below) an analysis of the direct impact on individual taxpayers in Centre County and also thirteen other comparative school districts. The reader may scroll through Edmund’s analysis below (22 pages) or skip from section to section using the hyperlinks below.
Wolf’s Proposal Edmund’s Evaluation Methodology Effect on Renters State Wide Centre County School Districts Bald Eagle Area School District Bellefonte Area School District Penns Valley Area School District Philipsburg-Osceola Area School District State College Area School District Other County School Districts Austin Area School District Potter County (lowest PA adjusted personal income) Bethlehem-Center School District Washington County (lowest PA median assessed property value) (highest property tax millage rate) (lowest median property tax) Big Spring School District, Cumberland County Carlisle Area School District Cumberland County (a SCASD demographic cohort district) Derry Township School District Dauphin County Lower Merion School District, Montgomery County (a SCASD demographic cohort district) (second highest PA adjusted personal income) Mifflin County School District Millcreek Township School District Erie County Penn Hills School District Allegheny County Radnor Township School District Delaware County (highest PA median assessed property value) (highest median property tax) Susquehanna Township School District Dauphin County West Perry School District Perry County (lowest property tax millage rate)
Summary & Conclusions
_________________Selected Proposals by Governor Wolf_________________
1- Raise the personal income tax rate from 3.07% to 3.7%, increasing revenues by approximately $2.4
trash collectors, travel agents, business support, advertisers, etc), increasing revenues by
approximately $1.6 billion annually Source: http://touch.mcall.com/#section/-1/article/p2p-82966732/ 3- Exempt renters’ and home owners’ taxable income (with 2 dependents) of up to $36,000 from
1- Renters with taxable income of up to $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax
decrease of $1399
2- Renters with taxable income of $40,000 have a $252 increase in income tax, a $229 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax decrease of $19
3- Renters with taxable income of $45,000 have a $284 increase in income tax, a $260 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $44
4- Renters with taxable income of $50,000 have a $315 increase in income tax, a $292 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $107
5- Renters with taxable income of $60,000 have a $378 increase in income tax, a $295 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $173
6- Renters with taxable income of $70,000 have a $441 increase in income tax, a $298 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $239
7- Renters with taxable income of $75,000 have a $473 increase in income tax, a $299 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $272
8- Renters with taxable income of $80,000 have a $504 increase in income tax, a $312 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $316
9- Renters with taxable income of $90,000 have a $567 increase in income tax, a $337 increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $404
10- Renters with taxable income of $100,000 have a $630 increase in income tax, a $363, increase in
sales tax, and a $500 tax rebate in lieu of Homestead Exclusions, for a combined tax increase of $493
QuickFind
_______________Bald Eagle Area School District, Centre County ___________ Adjusted Personal Income = $247,752,981
Median household income for county = $50,336 Median assessed property value = $34,205
Property tax millage rate = 51.5500
Median property tax = $1763
State allocation for Homestead Exclusions in 2014-15 = $731,994
State allocation proposed for Homestead Exclusions in 2016 = $4,838,727
Property owners qualified for Homestead Exclusions = 4118
Homestead Exclusion under 2014-15 conditions = $178
Homestead Exclusion with proposed 2016 allocation = $1175
Maximum Homestead Exclusion allowed under state law = $881
Homestead Exclusion increase attributable to proposed 2016 allocation = $703
____________________Effects on Home Owners _______________________ Allocation of $4,838,727 from the state to the district provides each of the 4118 qualified home
owners with a Homestead Exclusion increase of $703. The HE increase would be $997 except for the
fact that the maximum HE currently allowed under state law is $881. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax decrease of
$1602
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax decrease of $222
6
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $703 increase in Homestead Exclusion, for a combined tax decrease of $159
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax decrease of $96
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax decrease of $30
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax increase of $36
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax increase of $69
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax increase of $113
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax increase of $201
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $703 increase in Homestead Exclusion, for a combined tax increase of
$290
#QuickFind
______________Bellefonte Area School District, Centre County ____________ Adjusted Personal Income = $491,009,877
Median household income for county = $50,336
Median assessed property value = $44,800
Property tax millage rate = 47.4107
Median property tax = $2123
State allocation for Homestead Exclusions in 2014-15 = $1,173,959
State allocation proposed for Homestead Exclusions in 2016 = $6,818,653
Property owners qualified for Homestead Exclusions = 6389
Homestead Exclusion under 2014-15 conditions = $184
Homestead Exclusion with proposed 2016 allocation = $1067
Maximum Homestead Exclusion allowed under state law = $1061
Homestead Exclusion increase attributable to proposed 2016 allocation = $877
__________________________Effects on Home Owners _____________________ Allocation of $6,818,653 from the state to the district provides each of the 6389 qualified home
owners with a Homestead Exclusion increase of $877. The HE increase would be $883 except for the
fact that the maximum HE currently allowed under state law is $1061. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of
$1776
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $396
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $333
7
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $270
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $204
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $138
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $105
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax decrease of $73
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax increase of $27
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $877 increase in Homestead Exclusion, for a combined tax increase of
$116
#QuickFind
______________Penns Valley Area School District, Centre County _________________
Adjusted Personal Income = $244,714,608
Median household income for county = $50,336
Median assessed property value = $43,085
Property tax millage rate = 45.0182
Median property tax = $1940
State allocation for Homestead Exclusions in 2014-15 = $560,945
State allocation proposed for Homestead Exclusions in 2016 = $3,128,804
Property owners qualified for Homestead Exclusions = 3751
Homestead Exclusion under 2014-15 conditions = $150
Homestead Exclusion with proposed 2016 allocation = $834
Maximum Homestead Exclusion allowed under state law = $970
Homestead Exclusion increase attributable to proposed 2016 allocation = $684
________________________Effects on Home Owners ______________________
Allocation of $3,128,804 from the state to the district provides each of the 3751 qualified home
owners with a Homestead Exclusion increase of $684
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax decrease of
$1583
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax decrease of $203
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $684 increase in Homestead Exclusion, for a combined tax decrease of $140
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax decrease of $77
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax decrease of $11
8
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax increase of $55
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax increase of $86
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax increase of $132
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax increase of $220
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $684 increase in Homestead Exclusion, for a combined tax increase of
$309
#QuickFind
______Philipsburg-Osceola Area School District, Centre/Clearfield Counties____ Adjusted Personal Income = $224,009,588
Median household income for county = $50,336
Median assessed property value = $16,530
Property tax millage rate = 52.0900
Median property tax = $861
State allocation for Homestead Exclusions in 2014-15 = $781,188
State allocation proposed for Homestead Exclusions in 2016 = $4,993,780
Property owners qualified for Homestead Exclusions = 3976
Homestead Exclusion under 2014-15 conditions = $196
Homestead Exclusion with proposed 2016 allocation = $1256
Maximum Homestead Exclusion allowed under state law = $430
Homestead Exclusion increase attributable to proposed 2016 allocation = $234
_________________________Effects on Home Owners ________________________
Allocation of $4,993,780 from the state to the district provides each of the 3976 qualified home
owners with a Homestead Exclusion increase of $234. The HE increase would be $1060 except for the
fact that the maximum HE currently allowed under state law is $430. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax decrease of
$1133
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $247
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $310
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $373
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $439
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $505
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $536
9
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $582
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of $670
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $234 increase in Homestead Exclusion, for a combined tax increase of
$759
#QuickFind
___________ State College Area School District, Centre County _____________
Adjusted Personal Income = $1,839,393,760
Median household income for county = $50,336
Median assessed property value = $69,395
Property tax millage rate = 39.5056
Median property tax = $2741
State allocation for Homestead Exclusions in 2014-15 = $1,422,517
State allocation proposed for Homestead Exclusions in 2016 = $8,400,000
Property owners qualified for Homestead Exclusions = 13,122
Homestead Exclusion under 2014-15 conditions = $108
Homestead Exclusion with proposed 2016 allocation = $640
Maximum Homestead Exclusion allowed under state law = $1370
Homestead Exclusion increase attributable to proposed 2016 allocation = $532
_________________________Effects on Home Owners _______________________ Allocation of $8,400,000 from the state to the district provides each of the 13,122 qualified home
owners with a Homestead Exclusion increase of $532
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax decrease of
$1431
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax decrease of $51
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $12
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $75
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $141
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $207
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $240
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $284
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of $372
10
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $532 increase in Homestead Exclusion, for a combined tax increase of
$461
#QuickFind
_________________Austin Area School District, Potter County ______________
Adjusted Personal Income = $19,577,427 (lowest in state)
Median household income for county = $41,547
Median assessed property value = $21,120
Property tax millage rate = 44.7800
Median property tax = $946
State allocation for Homestead Exclusions in 2014-15 = $132,378
State allocation proposed for Homestead Exclusions in 2016 = $562,120
Property owners qualified for Homestead Exclusions = 422
Homestead Exclusion under 2014-15 conditions = $314
Homestead Exclusion with proposed 2016 allocation = $1332
Maximum Homestead Exclusion allowed under state law = $473
Homestead Exclusion increase attributable to proposed 2016 allocation = $159
_______________________Effects on Home Owners _______________________ Allocation of $562,120 from the state to the district provides each of the 422 qualified home owners
with a Homestead Exclusion increase of $159. The HE increase would be $1018 except for the fact
that the maximum HE currently allowed under state law is $473. Surplus allocated money that could
not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax decrease of
$1058
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $322
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $385
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $448
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $514
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $580
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $613
8-Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $657
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of $745
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $159 increase in Homestead Exclusion, for a combined tax increase of
$834
#QuickFind
11
__________ Bethlehem-Center School District, Washington County _________
Adjusted Personal Income = $159,852,970
Median household income for county = $53,693
Median assessed property value = $6,188 (lowest in state)
Property tax millage rate = 108.6400
Median property tax = $672
State allocation for Homestead Exclusions in 2014-15 = $465,564
State allocation proposed for Homestead Exclusions in 2016 = $2,904,465
Property owners qualified for Homestead Exclusions = 2654
Homestead Exclusion under 2014-15 conditions = $175
Homestead Exclusion with proposed 2016 allocation = $1094
Maximum Homestead Exclusion allowed under state law = $336
Homestead Exclusion increase attributable to proposed 2016 allocation = $161
________________________Effects on Home Owners _____________________ Allocation of $2,904,465 from the state to the district provides each of the 2654 qualified home
owners with a Homestead Exclusion increase of $161. The HE increase would be $919 except for the
fact that the maximum HE currently allowed under state law is $336. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax decrease of
$1060
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $320
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $383
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $446
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $512
6- Home owners with taxable income of $70,000 have a $411 increase in income tax, a $298 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $578
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $613
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $655
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of $743
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $161 increase in Homestead Exclusion, for a combined tax increase of
$832
#QuickFind
____________ Big Spring School District, Cumberland County ______________
Adjusted Personal Income = $488,367,305
12
Median household income for county = $60,826
Median assessed property value = $176,700
Property tax millage rate = 12.9771
Median property tax = $2293
State allocation for Homestead Exclusions in 2014-15 = $774,580
State allocation proposed for Homestead Exclusions in 2016 = $5,365,396
Property owners qualified for Homestead Exclusions = 5986
Homestead Exclusion under 2014-15 conditions = $129
Homestead Exclusion with proposed 2016 allocation = $896
Maximum Homestead Exclusion allowed under state law = $1146
Homestead Exclusion increase attributable to proposed 2016 allocation = $767
__________________________Effects on Home Owners __________________ Allocation of $5,365,396 from the state to the district provides each of the 5986 qualified home
owners with a Homestead Exclusion increase of $767.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of
$1666
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of $286
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of $223
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of $160
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of $94
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax decrease of $28
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax increase of $5
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax increase of $49
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax increase of $137
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $767 increase in Homestead Exclusion, for a combined tax increase of
$226
#QuickFind
_______________ Carlisle Area School District, Cumberland County _______
Adjusted Personal Income = $849,788,316
Median household income for county = $60,826
Median assessed property value = $170,850
Property tax millage rate = 12.9333
Median property tax = $2210
State allocation for Homestead Exclusions in 2014-15 = $1,103,961
State allocation proposed for Homestead Exclusions in 2016 = $10,028,885
13
Property owners qualified for Homestead Exclusions = 8312
Homestead Exclusion under 2014-15 conditions = $133
Homestead Exclusion with proposed 2016 allocation = $1207
Maximum Homestead Exclusion allowed under state law = $1105
Homestead Exclusion increase attributable to proposed 2016 allocation = $972
________________________Effects on Home Owners _______________________
Allocation of $10,028,885 from the state to the district provides each of the 8312 qualified home
owners with a Homestead Exclusion increase of $972. The HE increase would be $1074 except for
the fact that the maximum HE currently allowed under state law is $1105. Surplus allocated money
that could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of
$1871
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $491
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $428
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $365
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $299
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $233
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $200
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $156
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax decrease of $68
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $972 increase in Homestead Exclusion, for a combined tax increase of $21
#QuickFind
______________ Derry Twp. School District, Dauphin County _______________
Adjusted Personal Income = $972,157,834
Median household income for county = $54,066
Median assessed property value = $154,400
Property tax millage rate = 17.9227
Median property tax = $2767
State allocation for Homestead Exclusions in 2014-15 = $664,581
State allocation proposed for Homestead Exclusions in 2016 = $4,100,514
Property owners qualified for Homestead Exclusions = 5361
Homestead Exclusion under 2014-15 conditions = $123
Homestead Exclusion with proposed 2016 allocation = $765
Maximum Homestead Exclusion allowed under state law = $1384
Homestead Exclusion increase attributable to proposed 2016 allocation = $642
14
________________________Effects on Home Owners ___________________ Allocation
of $4,100,514 from the state to the district provides each of the 5361 qualified home owners with a
Homestead Exclusion increase of $642
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax decrease of
$1541
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax decrease of $161
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $642 increase in Homestead Exclusion, for a combined tax decrease of $98
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax decrease of $35
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of $31
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of $97
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of $130
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of $174
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of $262
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $642 increase in Homestead Exclusion, for a combined tax increase of
$351
#QuickFind
___________ Lower Merion School District, Montgomery County ___________
Adjusted Personal Income = $7,266,576,756 (2nd
highest in state)
Median household income for county = $79,183
Median assessed property value = $261,350
Property tax millage rate = 18.3600
Median property tax = $4798
State allocation for Homestead Exclusions in 2014-15 = $3,473,909
State allocation proposed for Homestead Exclusions in 2016 = $24,085,183
Property owners qualified for Homestead Exclusions = 15,647
Homestead Exclusion under 2014-15 conditions = $222
Homestead Exclusion with proposed 2016 allocation = $1538
Maximum Homestead Exclusion allowed under state law = $2399
Homestead Exclusion increase attributable to proposed 2016 allocation = $1316
____________________ Effects on Home Owners ______________________
Allocation of $24,085,183 from the state to the district provides each of the 15,647 qualified home
owners with a Homestead Exclusion increase of $1316
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of
$2215
15
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $835
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $772
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $709
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $643
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $577
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $544
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $500
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of $412
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $1316 increase in Homestead Exclusion, for a combined tax decrease of
$323
#QuickFind
___________________ Mifflin County School District ________________________
Adjusted Personal Income = $681,629,901
Median household income for county = $40,384
Median assessed property value = $37,100
Property tax millage rate = 33.4511
Median property tax = $1241
State allocation for Homestead Exclusions in 2014-15 = $1,919,732
State allocation proposed for Homestead Exclusions in 2016 = $12,274,225
Property owners qualified for Homestead Exclusions = 11,212
Homestead Exclusion under 2014-15 conditions = $171
Homestead Exclusion with proposed 2016 allocation = $1095
Maximum Homestead Exclusion allowed under state law = $620
Homestead Exclusion increase attributable to proposed 2016 allocation = $449
______________________Effects on Home Owners ____________________
Allocation of $12,274,225 from the state to the district provides each of the 11,212 qualified home
owners with a Homestead Exclusion increase of $449. The HE increase would be $924 except for the
fact that the maximum HE currently allowed under state law is $620. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax decrease of
$1348
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $32
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $95
16
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $158
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $224
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $290
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $323
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $367
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of $455
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $449 increase in Homestead Exclusion, for a combined tax increase of
$544
#QuickFind
_________________Millcreek Twp. School District, Erie County __________
Adjusted Personal Income = $1,665,249,887
Median household income for county = $45,202
Median assessed property value = $140,100
Property tax millage rate = 13.2766
Median property tax = $1860
State allocation for Homestead Exclusions in 2014-15 = $934,701
State allocation proposed for Homestead Exclusions in 2016 = $6,707,196
Property owners qualified for Homestead Exclusions = 13,698
Homestead Exclusion under 2014-15 conditions = $68
Homestead Exclusion with proposed 2016 allocation = $490
Maximum Homestead Exclusion allowed under state law = $930
Homestead Exclusion increase attributable to proposed 2016 allocation = $422
________________________Effects on Home Owners _____________________ Allocation of $6,707,196 from the state to the district provides each of the 13,698 qualified home
owners with a Homestead Exclusion increase of $422
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax decrease of
$1321
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $59
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $122
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $185
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $251
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $317
17
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $350
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $394
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of $482
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $422 increase in Homestead Exclusion, for a combined tax increase of
$571
#QuickFind
_______________ Penn Hills School District, Allegheny County _______________
Adjusted Personal Income = $758,811,970
Median household income for county = $51,366
Median assessed property value = $73,700
Property tax millage rate = 24.1540
Median property tax = $1780
State allocation for Homestead Exclusions in 2014-15 = $2,359,108
State allocation proposed for Homestead Exclusions in 2016 = $12,894,344
Property owners qualified for Homestead Exclusions = 12,476
Homestead Exclusion under 2014-15 conditions = $189
Homestead Exclusion with proposed 2016 allocation = $1034
Maximum Homestead Exclusion allowed under state law = $890
Homestead Exclusion increase attributable to proposed 2016 allocation = $701
_______________________ Effects on Home Owners _______________________
Allocation of $12,894,344 from the state to the district provides each of the 12,476 qualified home
owners with a Homestead Exclusion increase of $701. The HE increase would be $845 except for the
fact that the maximum HE currently allowed under state law is $890. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax decrease of
$1600
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax decrease of $220
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $701 increase in Homestead Exclusion, for a combined tax decrease of $157
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax decrease of $94
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax decrease of $28
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax increase of $38
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax increase of $71
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax increase of $115
18
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax increase of $203
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $701 increase in Homestead Exclusion, for a combined tax increase of
$292
#QuickFind
_____________ Radnor Twp. School District, Delaware County ___________
Adjusted Personal Income = $2,425,783,903
Median household income for county = $64,041
Median assessed property value = $289,535 (highest in state)
Property tax millage rate = 21.2641
Median property tax = $6156
State allocation for Homestead Exclusions in 2014-15 = $1,453,238
State allocation proposed for Homestead Exclusions in 2016 = $8,425,916
Property owners qualified for Homestead Exclusions = 5094
Homestead Exclusion under 2014-15 conditions = $285
Homestead Exclusion with proposed 2016 allocation = $1654
Maximum Homestead Exclusion allowed under state law = $3078
Homestead Exclusion increase attributable to proposed 2016 allocation = $1369
______________________Effects on Home Owners _____________________ Allocation of $8,425,916 from the state to the district provides each of the 5094 qualified home
owners with a Homestead Exclusion increase of $1369
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of
$2268
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $888
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $825
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $762
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $696
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $630
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $597
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $553
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of $465
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $1369 increase in Homestead Exclusion, for a combined tax decrease of
$376
QuickFind
19
___________Susquehanna Twp. School District, Dauphin County __________
Adjusted Personal Income = $628,661,048
Median household income for county = $54,066
Median assessed property value = $112,200
Property tax millage rate = 17.0200
Median property tax = $1909
State allocation for Homestead Exclusions in 2014-15 = $456,765
State allocation proposed for Homestead Exclusions in 2016 = $4,655,958
Property owners qualified for Homestead Exclusions = 6763
Homestead Exclusion under 2014-15 conditions = $68
Homestead Exclusion with proposed 2016 allocation = $688
Maximum Homestead Exclusion allowed under state law = $954
Homestead Exclusion increase attributable to proposed 2016 allocation = $620
_____________________Effects on Home Owners ______________________
Allocation of $4,655,958 from the state to the district provides each of the 6763 qualified home
owners with a Homestead Exclusion increase of $620
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax decrease of
$1519
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax decrease of $139
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $620 increase in Homestead Exclusion, for a combined tax decrease of $76
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax decrease of $13
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax decrease of $53
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax increase of $119
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax increase of $152
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax increase of $196
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax increase of $284
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $620 increase in Homestead Exclusion, for a combined tax increase of
$373
QuickFind
___________________West Perry School District, Perry County _____________
Adjusted Personal Income = $361,034,591
Median household income for county = $57,375
Median assessed property value = $155,050
Property tax millage rate = 10.4900
20
Median property tax = $1626
State allocation for Homestead Exclusions in 2014-15 = $737,949
State allocation proposed for Homestead Exclusions in 2016 = $5,068,418
Property owners qualified for Homestead Exclusions = 5381
Homestead Exclusion under 2014-15 conditions = $137
Homestead Exclusion with proposed 2016 allocation = $942
Maximum Homestead Exclusion allowed under state law = $813
Homestead Exclusion increase attributable to proposed 2016 allocation = $676
_______________________ Effects on Home Owners ______________________ Allocation of $5,068,418 from the state to the district provides each of the 5381 qualified home
owners with a Homestead Exclusion increase of $676. The HE increase would be $805 except for the
fact that the maximum HE currently allowed under state law is $813. Surplus allocated money that
could not be used for HEs because of that cap would be used to slightly reduce the millage rate.
1- Home owners with taxable income of $36,000 have a $1105 exemption from income tax, a $206
increase in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax decrease of
$1575
2- Home owners with taxable income of $40,000 have a $252 increase in income tax, a $229 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax decrease of $195
3- Home owners with taxable income of $45,000 have $284 increase in income tax, a $260 increase in
sales tax, and a $676 increase in Homestead Exclusion, for a combined tax decrease of $132
4- Home owners with taxable income of $50,000 have a $315 increase in income tax, a $292 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax decrease of $69
5- Home owners with taxable income of $60,000 have a $378 increase in income tax, a $295 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax decrease of $3
6- Home owners with taxable income of $70,000 have a $441 increase in income tax, a $298 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax increase of $63
7- Home owners with taxable income of $75,000 have a $473 increase in income tax, a $299 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax increase of $96
8- Home owners with taxable income of $80,000 have a $504 increase in income tax, a $312 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax increase of $140
9- Home owners with taxable income of $90,000 have a $567 increase in income tax, a $337 increase
in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax increase of $228
10- Home owners with taxable income of $100,000 have a $630 increase in income tax, a $363
increase in sales tax, and a $676 increase in Homestead Exclusion, for a combined tax increase of