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Monday, February 18, 2013

Deadline March 1 To Apply For School Tax Credit

Deadline March 1 To Apply For School Tax Credit

taxexemption-300x300Potter County homeowners who have not yet qualified for the “homestead exemption” to reduce their school taxes face a March 1 deadline to apply. Those who are already registered do not need to reapply.

Property owners receive a credit on their school taxes, reflecting a discount for owner-occupied homes. Austin Area School District homeowners had a reduction of $317 in 2012. In Coudersport, the tax cut was $176. Tax credits in Galeton were $212; Oswayo Valley, $127, Northern Potter, $200; and Port Allegany, $201.

Those who may qualify and are not enrolled were mailed another notice/application earlier this year. An application form is available on the county website, pottercountypa.net (click on Departments and Assessment/Tax).  School districts are reimbursed from money the state receives from licensed gambling establishments. Future tax reductions will fluctuate, based on the amount of revenue the state derives from gambling operations.

School tax bills are mailed out in July. Taxpayers will receive a two-percent discount if they pay their bill by Sept. 30. A penalty is applied to payments made after Nov. 30.

3 comments :

Anonymous said...

School taxes xould be zero if one could figure a way to cellect on all the illegal gambling.

Anonymous said...

Illegal gambling!What are you referring to poster 9:12 p.m.Last I knew the lottery and places like local vets clubs are legal.I hope you arn't talking about football or nascar pools.If you are Get A Life!

Anonymous said...

12:11, 9:12 is right. Those pools at your work, barber, pool halls, etc are illegal.