ACT 1

• Web Pages
• Feb. 20 Public Meeting-(Web Page)
• Downloads
• Act 1 Newsletter (March)
• Act 1 Calculator -
  (MS Excel File)
• Feb. 20 Public Meeting-(MS PowerPoint File)
• May 15 Ballot Question
• Final LTSC Report to Board

updates and reports

Public Meetings to further explain Act 1 are scheduled for March 28, 2007 and May 10, 2007. Both meetings will be in the Middle-Senior High School Cafeteria beginning at 7:00 PM.

Files available on the left will be saved to your computer. Please open the file from your computer once it has completed downloading.

SUMMARY OF ACT 1

Act 1 of 2006, also known as the Taxpayer Relief Act, was signed into law in June 2006.  It was designed to reduce property taxes through a combination of state and local revenues.  The state portion will come from revenues received from slot machine proceeds.  The local portion will come from higher earned income taxes if a majority of voters pass a front-end referendum that is required to be on the May 15, 2007 primary ballot.

The key components of Act 1 are:

• requires the establishment of a Local Tax Study Commission (LTSC) to recommend tax change
• requires a front-end voter referendum on a tax switch from property to income taxes for a portion of property taxes
• limits future property tax increases by requiring back-end voter referendum on property tax increases above an index established by the state
• establishes a new budget timeline and process
• mandates that district offer installment payments of property taxes
• makes modifications to the Property Tax and Rent Rebate Program

All documents need the free download of Adobe Acrobat Reader unless noted to the left.