Real Estate Tax Millage Rate for 2019-2020 is 30.73 mills.
Real estate tax is a tax based on the assessed value of land and buildings owned by both individuals and businesses. All assessed values are assigned by the Berks County Assessment Office. A tax rate, or millage rate, is approved each year by the School Board of Directors to be levied against the assessed value of each property. One mil is equal to $1 of tax for every $1,000 of assessed property value. Individual taxpayers annually receive a tax bill based on the value of their property multiplied by the millage rate.
Real estate tax bills are mailed on or around July 1st. Failure to receive your tax bill does not relieve your obligation of payment. If you do not receive a tax bill, contact your local tax collector:
- Muhlenberg Township
- Laureldale Borough
Taxpayers receive a 2% discount on their tax bills if payment is made by August 31; a flat rate for payments made from September 1 through October 31; and, a 10% penalty for payments made from November 1 through December 31.
You have two options for payment of your real estate taxes: payment in full or payment in three (3) equal installments. Please refer to your tax bill for complete information regarding due dates for both payment options and instructions for payment by mail or with the tax collector.
Homestead/Farmstead Exclusions: To receive school property tax relief for tax years beginning July 1, an application for homestead or farmstead exclusions must be filed by the preceding March 1. Homeowners who are unsure of their exclusion status should contact the Berks County Assessment Office.
Delinquent Real Estate Tax
All real estate tax bills dated July 1 that are not paid by December 31 are listed on a report completed by the local tax collector and turned over to the county Tax Claim Bureau in mid-January for collection.
Interim Real Estate Tax
Any tax bill not included in the July tax mailing is an interim tax bill. Interims are mailed throughout the school year as new construction/additions or remodeling changes the value of a property. Interims are issued quarterly by the county's Assessment Office.
Earned Income Tax
The District shares with Muhlenberg Township and the Borough of Laureldale half of the total collections they receive from a 1% tax levied on the income earned by individuals who reside in the district. The earned income tax, administered by the Berks Earned Income Tax Bureau, is levied on wages, salaries, commissions, net profits, and other compensation.
Real Estate Transfer Tax
The District shares with Muhlenberg Township and the Borough of Laureldale half of the total collections from a 1% transfer tax imposed during the transfer of ownership on any real estate. The purchaser of the property pays the tax, which is based on the selling price of the property.
Business Privilege/Mercantile Tax
The District shares with Muhlenberg Township and the Borough of Laureldale half of the total collections from a gross receipts tax on local businesses (wholesale, retail, service, and rental). Taxes are based on the preceding year's receipts and must be filed with Berks Earned Income Tax Bureau between January 1 and April 15 of each year. Taxes paid after the April 15 deadline will accrue interest and penalties.
- Muhlenberg Township