.

What Does a 4.308 Percent Property Tax Increase Mean To You?

The Pine-Richland School Board passed a proposed budget that calls for a 4.308 percent property tax increase. What will that mean to your tax bill?

Get out your calculator.

It's time to figure out how much your property taxes will be if the Pine-Richland School Board adopts a $66.8 million budget that calls for a 4.308 percent increase in the tax rate.

Adopting a budget and setting a millage rate for the 2012-13 school year is not a done deal.

It is a multi-step process and

Now the budget is available for public review and comments. 

(CLARIFICATION: Various budget documents are available for review. The district is required to make the proposed final budget available to the public by June 5. Finance Director Dana Siford said she expects to have it available before the June 5 deadline, but it is being updated now to reflect Monday night's vote.)

Final adoption of the budget is set for June 25. That is when a millage rate will be adopted also.

Currently, the millage rate is 21.9084 mills per thousand dollars of a home's assessed value; the proposed rate is 22.8522.

If you have a home assessed at $100,000, your tax bill will go up from $2,190.84 to $2,285.22. That's a $94.38 increase.

But houses in Pine and Richland townships tend to cost more than that.

In Richland Township, the median property value is $122,800, according to the community profile on the Allegheny County website.

Using that number, a homeowner's tax bill would rise from $2,690.35 to $2,806.25, an increase of $115.90.

For Pine Township, the median value is $229,000, according to Pine's community profile. A homeowner's tax bill would change from $5,017.02 to $5,233.15, an increase of $216.13.

But wait, there's more.

To truly understand what your real estate tax bill will be, a homeowner must consider all the costs.

Allegheny County assesses a 5.6900 mill rate, an increase of 1.00 over last year. On top of that, Pine Township assesses 1.2 mills and Richland charges 2.75 mills.

Richland Township

Taxes for a property valued at the median $122,800 are as follows for 2012:

County Tax (5.69 mills) = $698.73

Richland Tax (2.75 mills) = $337.70 

Proposed Pine-Richland School District Tax (22.8522 mills) = $2,806.25

TOTAL = $3,842.68

That total compares to $3,603.98 in 2011, an increase of $238.70. The higher number includes the county's increased millage rate and the proposed school district increase.

Pine Township

Taxes for a property valued at the median $229,000 are as follows for 2012:

County Tax (5.69 mills) = $1,303.01

Pine Tax (1.2 mills) = $274.80

Proposed Pine-Richland School District Tax (22.8522 mills) = $5,233.15

TOTAL = $6,810.96

That total compares to $6,365.83 in 2011, an increase of $445.13. The higher number includes the county's increased millage rate and the proposed school district increase.

 

Be sure to keep up with the latest Pine-Richland news by subscribing to our daily email newsletter, liking us on Facebook, and following us on Twitter.

Stacy May 30, 2012 at 07:32 PM
Thanks to everyone for putting in relevant links on this topic, or effecting this topic. I was going over the proposed budget today and can't help put think that cuts in areas BESIDES teachers could be made. My husband said that they should forget the light that will cost millions and we both wonder about the funds for misc. un-named "supplies" or "support" for Admin. That said: there are many excellent teachers at PRHS and our household is grateful to them for often doing great work for our students. We strongly feel that taxes do not need to be raised if only the board would cut truly unneeded items.
Rich W June 04, 2012 at 12:57 AM
Since the board has made its decision regarding cutting 5.5 positions and the number of times students will participate in organized physical activity, I only think its appropriate to add the following link http://theweightofthenation.hbo.com/. This documentary is mind boggling. Particularly the segment that refers to cutting PE in the state of Texas and the amount of money (millions) that is estimated will cost the public in health insurance and medical expenses because of limited or no physical activity for their children. I guess the board is relying on us parents to make sure the kids learn to lose and win with appropriate gamesmanship. To play within the rules and be part of a team. To be penalized and rewarded when necessary. Oh, and to make sure they do their laps. Just like we (actually watch) them do their homework. "Fat chance." I suspect in a few years we may be called "Pudge-Richland."
Stacy June 18, 2012 at 10:22 AM
It would be interesting if the snack bar that is open during lunch time at the high school would be looked at if folks are really concerned about money as well as health. Maybe we can save some some pounds by not offering cookies and "junk" food to students, just a thought. I just end it interesting that this is never mentioned or even looked at. I believe it is paid staff that runs that snack bar as well. It just seems odd to me to focus on a gym class as some remedy to obesity and to ignore the junk food.
Stacy June 18, 2012 at 10:23 AM
*Not "end" rather "find".
Edourado June 22, 2012 at 07:29 PM
What has no practical benefit...any cost that does not directly touch a student. If you are not in front of a student on a daily basis, the cost should be questioned. All admin positions (their costs is ofter 2X time a teachers pay, consultants, and hanger's on. Those positions continue to grow while teachers numbers are reduced and student population increases.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »