Tag: lifeblood
Posted in WP-12
Property taxes are the lifeblood of local government, but officials, residents hate to adjust them
Property taxes are a critical source of revenue for Pennsylvania municipalities and school districts, but political inertia and fear of rising costs can prevent communities from keeping rates updated. The taxes are determined by assessments, which dictate how much a property is worth and shape how much property owners must pay. So when assessments are …