Central Bucks School District Real Estate Tax Information
Real Estate Tax is the primary source of revenue for funding the operation of the Central Bucks School District. The tax is based on an assessed valuation, as determined by the Bucks County Board of Assessment, of all taxable property within the School District’s nine municipalities. Real Estate taxes are collected by an elected tax collector in each municipality.
Current Real Estate Tax Bill Information and Payment Schedule:
· Central Bucks School District current millage rate is 124.1 mills (decimal format =.1241)
· School District Real Estate Tax bills are mailed to homeowners each year by July 1st
· Homeowners that do not receive their tax bill are responsible to contact the tax collector for their municipality to get a copy (see contact information below)
· Schedule for Payment of current year real estate taxes:
o Payments made by August 31st allows for a 2% discount
o Payments made from September 1st thru October 31st must be made at the face amount of the tax bill
o Payments made from November 1st through December 31st must include a 10% penalty in order for the tax bill to be considered paid in full
o Tax bills that remain unpaid on January 1st will have a lien filed against the property with the County of Bucks· There is a provision for installment payments of taxes. See tax bill for details
· Example of an average tax bill calculation:
Assessed Property Value $45,000
Current year millage rate .1241
Face amount of tax bill $ 5,584.50
2% discount for payment by August 31st ($111.69) for a total payment of $5,472.8110% penalty for payment after October 31 +$ 558.45 for a total payment of $6,142.95
Pursuant to Act 1 and as a result of the Gambling Rebate, the assessed value of properties qualifying as a homestead or a farmstead will be reduced, providing a $199.81 tax rebate per homestead and a $399.62 tax rebate per farmstead. (The rebate amount would only be less than these amounts for homestead properties with assessed values under $1,610 and farmstead properties with assessed values under $3,220.)
Act 153In accordance with the Pennsylvania Conservation and Land Development Act, real properties located within Central Bucks School District that are registered as open space properties are exempt from future millage increases once said properties are accepted into the Open Space Program. You can contact the office of the municipality in which a property is located for further information on this program.Tax Collector Contact Information:
Buckingham Township Ann Calderaio 215-794-3070 Chalfont Borough Nancy Jones 215-822-2930 Doylestown Borough Kari Tyksinski 215-345-7244 Doylestown Township Sarah Tomlinson 215-489-5416 New Britain Township Nancy Jones 215-822-2930 New Britain Borough Rich Sabol 215-489-8658 Plumstead Township Sherry Labs 215-766-3785 Warrington Township John Mohan 215-343-4099Warwick Township Denise Betts 215-491-0611
Interim Real Estate Tax
Interim taxes are levied under Act 544 of 1952 (Section 677.1) on the increase in assessed property valuations, as a result of construction or improvements, that occur subsequent to the initial tax bill for that property. The assessed property value on all future Real Estate tax bills will reflect the updated property value.· Property assessment values are updated and interim tax bills generated every other month over the course of a school year, starting with the month of August. You can expect to receive an interim tax bill from the County after they have received notice of the completion of a home improvement and an updated property appraisal from the county assessor.
Delinquent Real Estate Tax
Current School Year Real Estate Tax Bills not paid by December 31st, of the current school year, are considered delinquent. A list of unpaid tax bills is sent to Bucks County Tax Claim Bureau, where a lien is placed against the property for which the taxes remain unpaid.
· Payment of delinquent taxes must be made directly to Bucks County Tax Claim Bureau. Tax collectors and the school district can no longer accept payment of taxes once a lien has been placed against a property. To satisfy a lien, the initial property tax amount and all applicable interest, penalties and lien fees must be paid.· Contact The Tax Claim Bureau at 215-348-6274 for further information on satisfying property liens.
Real Estate Transfer Tax
A local real estate transfer tax is levied, under Act 511, at the rate of 2% of the sale price of all real estate sold within the boundaries of Central Bucks School District. One percent goes to the State of Pennsylvania with the one percent split equally between Central Bucks School District and the municipality where the real estate is located.