Leetsdale's roller coaster ride of property tax rates seems to have ended.
For what they say is likely the final time this year, council members last week changed the municipality's tax rate to 8 mills, down from the 10-mill rate they set last year.
The adjustment reflects property tax reassessments done countywide last year. Under the state's so-called anti-windfall law, officials must reduce millage to avoid reaping more than 5 percent of revenue realized by the reassessments.
Leetsdale officials said they considered rates other than 10 mills before voting 6-0 to set the 8-mill rate. Councilman Wes James was absent.
The town has about 56 assessment appeals pending. About 20 of those appeals are related to property within Leetsdale's industrial parks.
“If somehow at the end of the year, we need to change (the tax millage), we will do so,” said council President Joe McGurk.
Council also approved increasing the homestead exemption to $45,000 and increasing Act 77 to 50 percent.
Under Act 77, senior citizens who qualify can receive a 50 percent reduction in their property tax bill.
Bobby Cherry is a staff writer for Trib Total Media. He can be reached at 412-324-1408 or email@example.com.
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