the State House of Representatives
on February 19, 2013 by a vote of
96-45
Bill’s Statement of Purpose: This bill proposes to set the education property tax rates and base education amount for fiscal year 2014. (Read the Bill)
Analysis: Property Tax Increase. Those who voted in favor of this bill voted to increase the residential property tax rate by $.05 per $100.00 of assessed value, and $.06 cents on non-residential property to $.94 and $1.44 respectively.Opponents of this bill note that school budgets have been rising at an average rate of nearly 5% per year despite declining enrollment in our k-12 system, from 106,000 students before passage of Act 60 in 1997 to well under 90,000 today with projections heading into the low 80,000’s. If projected increases in education costs bear out over the next two years, which they will without reform, the result will be a property tax increase of 11 cents residential and 12 cents non-residential by 2015.
House Journal, Wednesday, February 20, 2013: “Shall the bill be read a third time? was decided in the affirmative. Yeas, 96. Nays, 45….” (Read the Journal)
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