I got this in an email from Rep. Grucela this morning:
I’m pleased to announce that homeowners living in the Nazareth Area School District can expect to see an estimated $218 reduction in their school property taxes this summer.
The cuts for Nazareth Area homeowners are made possible by the more than $612 million in slots proceeds in the state’s Property Tax Relief Fund. The school district will receive the slots money from the state and will use it to adjust local homeowners’ property tax bills.
Coupled with the property tax relief available to low-income seniors who need it most through the expanded Property Tax/Rent Rebate Program, the state will provide more than $786 million in tax cuts next year.
The Property Tax/Rent Rebate Program offers rebates of up to $650, but for seniors who earn less than $30,000 and whose property taxes are more than 15 percent of their income, the rebate will be increased by an additional 50 percent.
Although complete property tax elimination is my ultimate goal, and I have a proposal before the House that would address the antiquated school funding formula, the property tax relief that Nazareth Area homeowners will see this summer is a welcome first step.
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