Columbia taxpayers are about to get a break on their taxes. The Columbia Borough School District Board of Directors voted Thursday night to decrease the district's property tax rate by .4 mills. The measure passed unanimously among the seven directors present. The decrease will reduce the current millage from 26.46 to 26.06 mills.
Borough property owners will save approximately $40 per $100,000 of assessed property value.
The tax reduction was made possible by a $179,600 block grant from the Commonwealth of Pennsylvania's Ready to Learn Block Grant Tax Equity Supplement. The funds cannot be used until the 2025-26 fiscal year.
(The 2024-25 fiscal year marked the fifth year in a row without a district tax increase.)
The board had discussed five available options for using the grant before choosing Option 1:
1) Mitigating or preventing an increase in the millage rate of real estate property taxes levied by the school district
2) Supplementing the amount calculated by the school district for the homestead and farmstead exclusion under
3) Establishing, maintaining or expanding a program provided by the school district that supplements senior tax rebates
4) Mitigating or replacing the loss of revenue received by the school district resulting from a decision of a court of this commonwealth from previous five years relating to an assessment appeal
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