Something that people tend to have difficulty understanding is why there are differences in the increase/decrease of taxes between Lancaster & Chester Counties. One year, you might have taxes increasing in both counties, but at different rates. The next, Lancaster County has a decrease & Chester County has an increase.
Every year, the District must re-balance the millage based on housing market values. For Octorara, the District must take the market value of parcels in Chester County & the market value of parcels in Lancaster County and based on the ratio of the two put the information through the formulas & change the tax burden for each county.
If you look at the attached slide from the budget presentation, you can see how the ratio changes from year to year. In particular, notice the change from 2012/13 to 2013/14. The percentage for Chester County decreases and Lancaster County increases. That means if taxes needed stayed at the same level as 2012/13, Chester County would see a decrease for 2013/14 and Lancaster County would see an increase.
Next: Clean & Green (Act 319)
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