HB 119: Public School Debt and Funds
H.B. 119, P.N. 915 (TEWCIC) This would amend the Public School Code, Act 14 of 1949, P.L. 30.
A school district would be able, after voter approval of a resolution approving such, to levy a personal income general revenue school district tax.
A School Financing Authority would be created. This Authority would manage and administer all public school debt.
An Education Operating Fund would be created. This fund would make quarterly disbursements of funds to school districts.
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The school districts presently levy a school tax. In 2004, I paid the West Chester Area School District $3474 on my home and $2200 on a second home. Is the proposed legislation in place of property tax or is it in addition to the school tax? If it is in place of the property tax levied by the school district, I am all for it. If the sales tax is in addition to the property tax, I am dead set against it.
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