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Heidelberg Adjusts Property Tax Millage Rate

Heidelberg lowered its tax millage rate from 8.5 mills to 6.95 mills, although that doesn’t necessarily mean you’ll be paying less taxes in 2013.

Heidelberg has adjusted its property tax millage rate to account for higher assessment values in 2013.

Borough Council voted Tuesday night to lower the tax millage rate from 8.5 mills to 6.95 mills, although that doesn’t necessarily mean you’ll be paying less taxes.

The decrease was required by state law after Allegheny County conducted a reassessment and sent each municipality certified property values in December. The communities must remain “revenue neutral” so they do not generate a massive windfall from the assessment.

Overall, the borough’s certified property values increased by about 27 percent, according to Chartiers Valley School District Business Manager Nick Morelli.

To calculate your new township property tax rate, take your new assessment value and multiply it by .00695. That means someone with a new assessment value at $50,000 would pay about $378 in borough property taxes in 2013.

If your property assessment increased by 23 percent, you will pay about the same in borough property taxes as you did in 2012. If your assessment was more than 23 percent, you will pay more taxes. If it is under that level, you’ll pay less in township taxes.

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