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Thursday 3rd October 2024

Altoona School Board Approves Tax Hike

tax-concept-with-histogram-chart-and-curve-going-up-tax-increasing

By a 6-3 vote the Altoona Area School Board approved a 5% millage increase. The state’s Act 1 Index allows a district to raise taxes to a limit of 7.7%, but last night the board opted for a 5% increase which will generate slightly more than a million dollars in extra revenue for the school district. Reportedly, the median assessed value for a property in the Altoona School district is $108,000. Based on that value, the average  tax rate will increase to $36.45 a year.

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