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Ellwood School Taxes Increase for 2009-10
June 12, 2009

ECO Staff – Laure Cioffi, senior journalist

ELLWOOD CITY – Taxpayers in the Ellwood Area School District will have to break out some more cash this year.

The Board of Education formally passed the 2009-2010 school budget Thursday night with a 0.75 mill tax increase.

The cost to a taxpayer living in a home with an assessed value of $50,000 will see a $37.50 increase to their tax bill. That taxpayer will pay a total of $790.50 in school taxes this coming school year.

Schools business manager Richard Zarone previously said that all Ellwood City taxpayers are expected to get an estimated $179 reduction in their school taxes through state’s Property Tax Relief Fund, which is funded by gaming revenues.

He said any tax increase would be absorbed by the gaming revenue reduction. Taxpayers living in homes assessed as high as $135,000 would still see a decrease in their school tax bills of $77.75 under that plan, he said.

Zarone said this year’s $25 million budget is based on figures provided in February by the state for education subsidies. The Pennsylvania legislature has not passed its 2009-2010 budget and those figures are not yet official.

Part of this year’s tax increase is due to the district construction project now underway at Lincoln High School. The school board borrowed nearly $6 million to pay for the work.

(Laure Cioffi can be reached at LaureCioffi@EllwoodCity.org)



 

 

 

 


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