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B-W School District Must Adjust Taxes to Remain Revenue Neutral

Property values have gone up for 2013, but an adjusted millage rate should prevent most residents from paying more in school taxes.

 

In the wake of Allegheny County reassessments that have raised property values (starting in 2013) in Baldwin Borough, Whitehall Borough and Baldwin Township, the Baldwin-Whitehall School Board must lower the millage rate of the B-W School District in order to remain "revenue neutral."

Although the school board will not formally decide on what the district's 2013-14 millage rate will be until June 2013—that's when the reassessed values will figure into the school district's budget—the district's millage rate will have to fall, meaning that most residents will pay what they had been paying before the reassessment of their properties' value.

Law requires the Baldwin-Whitehall School District, as it does all Allegheny County school districts, to adjust its tax rate to remain revenue neutral—meaning that the district can't bring in more money than what is needed to balance its budget.

"We will reduce taxes to meet that," B-W Superintendent Dr. Lawrence C. Korchnak said. "We can't make money. Debits equal credits.

"We know how much the assessment is. We'll know how many mills we'll need to meet our budget."

Added district solicitor Ed Lawrence, "We will recalculate our tax rate as if we were taking into consideration any increases in assessment to bring it back to the dollar amount that it would have been without the assessment."

The B-W School District's current millage rate is 23.4, or $2,340 per year for anyone with a property valued at $100,000 (land and building value combined). (Click here to calculate your individual taxes.)

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Related Topics: Baldwin Borough, Baldwin Township, Baldwin-Whitehall School Board, Baldwin-Whitehall School District Office, Ed Lawrence, Lawrence C. Korchnak, Real Estate Assessment, and Whitehall Borough

bd

2:56 pm on Tuesday, March 13, 2012

This isn't true. This story leads you to believe that the B-W shcool district is not going to raise millage. They already admitted that they plan to raise taxes. John Schmotzer said so. See this past Patch article: http://baldwin-whitehall.patch.com/articles/remaining-notes-from-jan-11-b-w-school-board-meeting

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Robert Edward Healy, III

3:08 pm on Tuesday, March 13, 2012

Yes, bd, but that was before the county assessments came out.

bd

4:05 pm on Tuesday, March 13, 2012

Mr. Healy, I am from Missouri. Show me. They already said they were going to go to the Board of Education (to deny B-W taxpayers their say through Referendum) for approvals of "exceptions" which will allow them to adjust millage OVER the cap. So, while they have to readjust under the law and get to a revenue neutral figure, they can then tack on the additional millage that will be rubber stamped by their friends at the Department of Education. I do not trust 'em Mr. Healy as far as I could throw 'em.

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