Why are Property Taxes Going Up? Blame School Pensions
September 20, 2016
Pennsylvania legislators about a decade ago passed a law to protect homeowners by limiting property tax hikes to the rate of inflation. Has the law, known as Act 1, worked? Not for some homeowners. Exceptions were built into the law so school districts could raise property taxes as much as they needed only to cover certain rising costs, like pensions.
Click here for full article. (Subscription may be required.)
Source: Observer-Reporter, Sept. 19, 2016.