Ballot question on property taxes
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Ballot question on property taxes

When Pennsylvanians go into the voting booth on Nov. 7, they will find a statewide ballot question on a proposed state constitutional amendment that would change the maximum amount of property tax relief school districts can provide.

PSEA doesn’t have an official position on this ballot question, but here are some key facts about it.

  • If approved, it would change the existing homestead/farmstead exclusion from a maximum of 50 percent of the median assessed value of all homestead properties in a school district to a maximum of 100 percent of the assessed value of an individual property.
  • It increases something that already exists in the state’s constitution. It does not introduce anything new.
  • State property tax relief funds come from gaming, and they aren’t enough to come close to funding the current homestead cap. So, without a lot of additional state revenue, this isn’t going to change the amount of school property tax relief.

Learn more at www.psea.org/homestead.

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