posted by Joe Polk at 10:56 PM /
Mt. Lebanon property owners could pay less in real estate taxes next year if the recommended $29.6 million municipal operating budget is approved this winter.
Manager Stephen Feller said the municipality expects the tax rate will decrease from its current 5.43 mills to between 4.4 and 4.89 mills because of Allegheny County reassessments and state anti-windfall rules, which require governing bodies to lower millage rates to reflect higher overall property values.
Read the full article:
Manager Stephen Feller said the municipality expects the tax rate will decrease from its current 5.43 mills to between 4.4 and 4.89 mills because of Allegheny County reassessments and state anti-windfall rules, which require governing bodies to lower millage rates to reflect higher overall property values.
Read the full article:
- www.post-gazette.com/stories/local/neighborhoods-south/property-tax-rate-expected-to-drop-in-mt-lebanon-661197 (Pittsburgh Post-Gazette)
Labels: property taxes, tax reduction, taxes
1 Comments:
I wouldn't celebrate just yet; a lot of people are going to pay higher real estate taxes next year, despite the drop in millage, due to substantial increases in their assessments.
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