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
· 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 $5,472.81
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.)
|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||215-343-4099|
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.
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.
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.