LOWER POTTSGROVE PA – Twenty-six days, and counting. As of today (Friday, Dec. 5, 2008), that’s all the time left for Pottsgrove School District residents age 65 and older to take advantage of property tax abatement provided by a state law expanded in 2006.
Pennsylvania’s property tax relief law has already eliminated school taxes for more than 113,000 senior home owners statewide, according to Gov. Ed Rendell, and the legislature has budgeted $786 million this year for tax rebates. To get their share of the money, however, seniors must act quickly. The deadline to apply is Dec. 31.
“Seniors, many of whom live on fixed incomes, struggle the most with rising property taxes,” Rendell acknowledged.
About 600,000 seniors are expected to benefit from rebates in 2008. So far this year, more than 580,000 people have applied for a rebate and, as of mid-October, nearly $254 million in rebates had been sent to more than 529,000 homeowners and renters. Funding for the program is supported by proceeds from the Pennsylvania Lottery and revenue from slots gaming.
In Montgomery County (PA) alone, more than $7.1 million in rebates were distributed among 16,984 applicants. The state estimates another 7,000 county residents also are eligible, but haven’t yet applied. The rebate program also helps widows and widowers age 50 and older; and people with disabilities age 18 and older.
“I encourage everyone who thinks they may be eligible for a rebate to get their application in by the Dec. 31 deadline.,” Rendell said. “I don’t want one senior to miss out on receiving the help they need in paying their school property taxes.”
Specific income levels apply, and rebates are adjusted based on income. Property owners and renters alike may qualify. For more information on Pennsylvania’s Property Tax/Rent Rebate program, or to apply, call 888-222-9190 or go online.